Let’s take a look at the sentiment of the traders and how it compares with the rate movements during the morning session. Euro/Dollar has climbed higher by a total of 45 pips, but the pair sees 43% less than typical funds. Most of the traders have been placing their bets on a downward movement for the pair, but it rose gradually, making losses more likely, however, the passive trading should cushion them. Pound/Dollar has been trending South and a loss of point 4% was posted at noon. The Cable sees a typical amount of funds and most of them have been driven by bullish expectations. Bearish rate movement makes losses more likely for investors. Dollar/Yen’s early decline was followed by a rise, which wiped out all of the loss. Turnover is low and sentiment of the traders is neutral, 3% long. Changing trend has provided both of the close to equal sides with their profit opportunities. Pound/Yen’s decline measures at a total of 85 pips and a loss of point 31% was posted at midday. Traded volume is average and neutral sentiment of the market players is 1% long. Downtrend makes a successful morning session more likely for those who had short positions. Euro/Yen rose sharply from the low at just slightly above the 120 level and the pair stood point 4% up from the opening level after 12 hours of trading. Traded volume is low and most of the market players have been bullish in their expectations. Surge has provided solid profit chances for traders. I’m Kiays Khalil and this wraps up Friday’s Midday Snapshot. We`ll be updating these stats every hour, so stay tuned.
Let’s take a look at the sentiment of the traders and how it compares with the rate movements during the morning session.
Euro/Dollar has climbed higher by a total of 45 pips, but the pair sees 43% less than typical funds. Most of the traders have been placing their bets on a downward movement for the pair, but it rose gradually, making losses more likely, however, the passive trading should cushion them.
Pound/Dollar has been trending South and a loss of point 4% was posted at noon. The Cable sees a typical amount of funds and most of them have been driven by bullish expectations. Bearish rate movement makes losses more likely for investors.
Dollar/Yen’s early decline was followed by a rise, which wiped out all of the loss. Turnover is low and sentiment of the traders is neutral, 3% long. Changing trend has provided both of the close to equal sides with their profit opportunities.
Pound/Yen’s decline measures at a total of 85 pips and a loss of point 31% was posted at midday. Traded volume is average and neutral sentiment of the market players is 1% long. Downtrend makes a successful morning session more likely for those who had short positions.
Euro/Yen rose sharply from the low at just slightly above the 120 level and the pair stood point 4% up from the opening level after 12 hours of trading. Traded volume is low and most of the market players have been bullish in their expectations. Surge has provided solid profit chances for traders.
I’m Kiays Khalil and this wraps up Friday’s Midday Snapshot. We`ll be updating these stats every hour, so stay tuned.
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