The Dukascopy TV Team is once again bringing you the Midday Snapshot where we take a look at how the market players have performed over the 12 hours to noon. Euro/Dollar declined sharply, but a following rise wiped out most of the loss. Traded volume is average and sentiment of the traders is neutral at just 1% short. Both sides have had their chances as drop was followed by a rise. Pound/Dollar has been trending lower and decline puts the pair point 24% in the red at midday. The Cable sees 43% less than typical funds and sentiment of the market players is neutral at 2% long. Downtrend puts bears in better positions, but the calm trading is what should limit changes in funds. Dollar/Yen has gained ground to hit the daily high at just slightly below the 111 level. Turnover is average and neutral sentiment of the traders is 8% short. Uptrend suggests a successful morning session for those who were long. Pound/Yen rose gradually to trade point 2% in the green at 12 o`clock. Traded volume is low and most of the funds have been driven by bearish expectations. The pair has been mostly moving higher, making losses more likely for investors. Euro/Yen’s decline was followed by a steep rise and it puts the pair point 34% in the green at noon. Turnover is high and sentiment of the traders is neutral, at a balance. Bears had some chances as the pair declined, but the following surge was good news for bulls. I’m Jack Everitt and that wraps up the Midday Snapshot for Thursday. These stats are updated on an hourly basis throughout the day so stay tuned.
The Dukascopy TV Team is once again bringing you the Midday Snapshot where we take a look at how the market players have performed over the 12 hours to noon.
Euro/Dollar declined sharply, but a following rise wiped out most of the loss. Traded volume is average and sentiment of the traders is neutral at just 1% short. Both sides have had their chances as drop was followed by a rise.
Pound/Dollar has been trending lower and decline puts the pair point 24% in the red at midday. The Cable sees 43% less than typical funds and sentiment of the market players is neutral at 2% long. Downtrend puts bears in better positions, but the calm trading is what should limit changes in funds.
Dollar/Yen has gained ground to hit the daily high at just slightly below the 111 level. Turnover is average and neutral sentiment of the traders is 8% short. Uptrend suggests a successful morning session for those who were long.
Pound/Yen rose gradually to trade point 2% in the green at 12 o`clock. Traded volume is low and most of the funds have been driven by bearish expectations. The pair has been mostly moving higher, making losses more likely for investors.
Euro/Yen’s decline was followed by a steep rise and it puts the pair point 34% in the green at noon. Turnover is high and sentiment of the traders is neutral, at a balance. Bears had some chances as the pair declined, but the following surge was good news for bulls.
I’m Jack Everitt and that wraps up the Midday Snapshot for Thursday. These stats are updated on an hourly basis throughout the day so stay tuned.
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