Let’s see how successful morning session has been for currency traders on this week’s opening trading day. Euro/Dollar declined by 69 pips, but a following rise has taken the pair back near midnight’s level. Turnover is high and neutral sentiment of the traders is close to an even balance. Both sides have had their profit chances as decline was followed by a rise. Pound/Dollar rose after hitting the daily low hours into the session and a gain of point 16% has been posted. The Cable sees a typical amount of funds and neutral sentiment is at an even balance. Bears had their profit chances during the early trading hours, but the rise was good news for bulls. Dollar/Yen has been trading sideways, but the pair sees a typical amount of funds. Most of the market players have been in long positions. The generally narrow price movement range suggests no significant profits or losses are likely. Pound/Yen rose sharply after the gradual decline to define the daily high and low difference of 107 pips. Traded volume is average and neutral sentiment is almost at an even balance. Both sides have had their profit chances as decline was followed by a rise. Euro/Yen has walked in a total range of almost 100 pips and it was back near the opening level at 12 o’clock. Traded volume is average and most of the market players have been forecasting the pair to head higher. Trading should be successful if it was done after the daily low was hit. I’m Kiays Khalil and that’s all for Monday’s Midday Snapshot. Bye for now.
Let’s see how successful morning session has been for currency traders on this week’s opening trading day.
Euro/Dollar declined by 69 pips, but a following rise has taken the pair back near midnight’s level. Turnover is high and neutral sentiment of the traders is close to an even balance. Both sides have had their profit chances as decline was followed by a rise.
Pound/Dollar rose after hitting the daily low hours into the session and a gain of point 16% has been posted. The Cable sees a typical amount of funds and neutral sentiment is at an even balance. Bears had their profit chances during the early trading hours, but the rise was good news for bulls.
Dollar/Yen has been trading sideways, but the pair sees a typical amount of funds. Most of the market players have been in long positions. The generally narrow price movement range suggests no significant profits or losses are likely.
Pound/Yen rose sharply after the gradual decline to define the daily high and low difference of 107 pips. Traded volume is average and neutral sentiment is almost at an even balance. Both sides have had their profit chances as decline was followed by a rise.
Euro/Yen has walked in a total range of almost 100 pips and it was back near the opening level at 12 o’clock. Traded volume is average and most of the market players have been forecasting the pair to head higher. Trading should be successful if it was done after the daily low was hit.
I’m Kiays Khalil and that’s all for Monday’s Midday Snapshot. Bye for now.
You can view this video and the full video archive on the Dukascopy TV page: http://www.dukascopy.com/tv/en/#237805
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