We’re halfway through this week’s last trading day, and it’s time to see how things have been shaping up for the market players. I’m Jessica Walker. Euro/Dollar has given up some of yesterday’s gains and it stood point 3% South of the opening level at noon. Traded volume is average and the neutral sentiment of the traders is 7% short. Trading should be successful for market players that had short positions. Pound/Dollar declined by 80 pips, but it was just slightly in the red at midday as it rose from the daily low. The Cable sees 15% less than typical funds and the neutral sentiment of the traders is just 13% long. Both sides have seen chances and risks as a single trend hasn’t formed. Dollar/Yen rose in a couple of waves and a gain of point 16% was posted at noon. Trading has been passive, volume is extremely low and most of the traders have been forecasting the rate to head higher. A couple of rises have provided traders with profit chances, but the passive trading is the limiting factor. Pound/Yen’s trend has changed and only a slight gain was recorded at 12 o’clock. Turnover is 34% up from the pair’s monthly average and sentiment of the market players is strongly bullish, 50% long. Success depends on the timing of the trades as the trend has changed. Euro/Yen has been on a slide and it has resulted in a loss of point 15%. This pair has attracted 25% more than usual funds and traders have been mostly forecasting the rate to head South. It did go per those forecasts, making profits very much likely for investors. This wraps up the Midday Snapshot for Friday, but stay tuned for the hourly updates to track the latest changes in performance trends throughout the day.
We’re halfway through this week’s last trading day, and it’s time to see how things have been shaping up for the market players. I’m Jessica Walker.
Euro/Dollar has given up some of yesterday’s gains and it stood point 3% South of the opening level at noon. Traded volume is average and the neutral sentiment of the traders is 7% short. Trading should be successful for market players that had short positions.
Pound/Dollar declined by 80 pips, but it was just slightly in the red at midday as it rose from the daily low. The Cable sees 15% less than typical funds and the neutral sentiment of the traders is just 13% long. Both sides have seen chances and risks as a single trend hasn’t formed.
Dollar/Yen rose in a couple of waves and a gain of point 16% was posted at noon. Trading has been passive, volume is extremely low and most of the traders have been forecasting the rate to head higher. A couple of rises have provided traders with profit chances, but the passive trading is the limiting factor.
Pound/Yen’s trend has changed and only a slight gain was recorded at 12 o’clock. Turnover is 34% up from the pair’s monthly average and sentiment of the market players is strongly bullish, 50% long. Success depends on the timing of the trades as the trend has changed.
Euro/Yen has been on a slide and it has resulted in a loss of point 15%. This pair has attracted 25% more than usual funds and traders have been mostly forecasting the rate to head South. It did go per those forecasts, making profits very much likely for investors.
This wraps up the Midday Snapshot for Friday, but stay tuned for the hourly updates to track the latest changes in performance trends throughout the day.
You can view this video and the full video archive on the Dukascopy TV page: http://www.dukascopy.com/tv/en/#171765
Смотрите Dukascopy TV на вашем языке: http://www.youtube.com/user/dukascopytvrussian
用您的语言观看杜高斯贝电视: http://www.youtube.com/user/dukascopytvchinese
Miren Dukascopy TV en su idioma: http://www.youtube.com/user/dukascopytvspanish
Schauen Sie Dukascopy TV in Ihrer Sprache: http://www.youtube.com/user/dukascopytvgerman
Regardez la Dukascopy TV dans votre langue: http://www.youtube.com/user/dukascopytvfrench
Veja a TV Dukascopy na sua língua: http://www.youtube.com/user/dukascopytvpt
Dukascopy TV is a free educational project producing daily updates on global markets, visit http://Dukascopy.com/tv for more