Find out how trading has been shaping up for market players during the morning session on this Thursday by watching the Dukascopy Midday Snapshot. Euro/Dollar has been calmer than usual, walking in a total range of just 44 pips, but the pair sees 48% more than average funds. Neutral sentiment of the market players is 5% short. Both sides have seen limited profit opportunities due to the narrow price movement range. Pound/Dollar took a slide approximately 5 hours into the session and it has resulted in a loss of point 5%. Turnover is average and sentiment of the traders is neutral, 12% short. Steep decline makes a successful morning session very much likely for bears. Dollar/Yen has been trending lower as well and a loss of point 29% was posted at noon. This pair sees 30% less than average funds and neutral sentiment of the market players is 12% long. Downtrend puts bearish market players in better positions so far. Pound/Yen has plummeted by a total of 142 pips and the pair stood point 79% in the red at 12 o’clock. Trading has been typical in terms of volume and neutral sentiment is 9% long. Steep slide has provided plenty of chances for those who were short. Euro/Yen’s decline puts the pair point 46% South of the opening level at midday. Turnover is low and most of the traders have been forecasting the pair to head lower. It did go per those expectations and a more active approach would have increased profits. I’m Jessica Walker and this is how traders have performed by noon GMT.
Find out how trading has been shaping up for market players during the morning session on this Thursday by watching the Dukascopy Midday Snapshot.
Euro/Dollar has been calmer than usual, walking in a total range of just 44 pips, but the pair sees 48% more than average funds. Neutral sentiment of the market players is 5% short. Both sides have seen limited profit opportunities due to the narrow price movement range.
Pound/Dollar took a slide approximately 5 hours into the session and it has resulted in a loss of point 5%. Turnover is average and sentiment of the traders is neutral, 12% short. Steep decline makes a successful morning session very much likely for bears.
Dollar/Yen has been trending lower as well and a loss of point 29% was posted at noon. This pair sees 30% less than average funds and neutral sentiment of the market players is 12% long. Downtrend puts bearish market players in better positions so far.
Pound/Yen has plummeted by a total of 142 pips and the pair stood point 79% in the red at 12 o’clock. Trading has been typical in terms of volume and neutral sentiment is 9% long. Steep slide has provided plenty of chances for those who were short.
Euro/Yen’s decline puts the pair point 46% South of the opening level at midday. Turnover is low and most of the traders have been forecasting the pair to head lower. It did go per those expectations and a more active approach would have increased profits.
I’m Jessica Walker and this is how traders have performed by noon GMT.
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