Midpoint of Wednesday has been reached, meaning it’s time for the latest Midday Snapshot brought to you by the Dukascopy Forex TV Team. Euro/Dollar declined by 57 pips and the pair stood point 24% in the red at noon as it rose from the daily low. This pair sees 28% less than typical funds and sentiment of the traders is neutral, 4% short. Steep decline has provided profit chances for those who were short. Pound/Dollar has been mostly trending lower as well and a loss of point 13% was recorded at midday. The Cable has attracted less than half of the monthly average funds and neutral sentiment of the traders is 14% long. Bears have been in better positions, but the passive trading is the limiting factor. Dollar/Yen rose steeply and it stood point 48% in the green at 12 o’clock. Traded volume is average and sentiment of the traders is neutral, long positions are up by 5%. Trading should be successful for bulls as the rate moved sharply higher. Pound/Yen has moved North by a total of 80 pips and a gain of point 35% has been posted. Traded volume is extremely low and neutral sentiment of the traders is 12% long. Trading has been generally slow, but long side has had their profit opportunities. Euro/Yen retreated from the daily high, but the pair was still point 24% in the green at noon. Traded volume is low and most of the funds have been driven by bullish expectations. Traders had their profit chances before the daily high was reached. I’m Celeste Skinner and that’s it for the 12 o’clock report. Check back for the hourly updates for the most up-to-date stats throughout the day.
Midpoint of Wednesday has been reached, meaning it’s time for the latest Midday Snapshot brought to you by the Dukascopy Forex TV Team.
Euro/Dollar declined by 57 pips and the pair stood point 24% in the red at noon as it rose from the daily low. This pair sees 28% less than typical funds and sentiment of the traders is neutral, 4% short. Steep decline has provided profit chances for those who were short.
Pound/Dollar has been mostly trending lower as well and a loss of point 13% was recorded at midday. The Cable has attracted less than half of the monthly average funds and neutral sentiment of the traders is 14% long. Bears have been in better positions, but the passive trading is the limiting factor.
Dollar/Yen rose steeply and it stood point 48% in the green at 12 o’clock. Traded volume is average and sentiment of the traders is neutral, long positions are up by 5%. Trading should be successful for bulls as the rate moved sharply higher.
Pound/Yen has moved North by a total of 80 pips and a gain of point 35% has been posted. Traded volume is extremely low and neutral sentiment of the traders is 12% long. Trading has been generally slow, but long side has had their profit opportunities.
Euro/Yen retreated from the daily high, but the pair was still point 24% in the green at noon. Traded volume is low and most of the funds have been driven by bullish expectations. Traders had their profit chances before the daily high was reached.
I’m Celeste Skinner and that’s it for the 12 o’clock report. Check back for the hourly updates for the most up-to-date stats throughout the day.
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