This is the Dukascopy Midday Snapshot for Wednesday, where we’ll take a closer look at how well the market players have worked out the rate movements. Euro/Dollar rose by 66 pips to trade point 38% in the green at 12 o’clock. Traded volume is average and neutral sentiment of the traders is 5% short. Trading should be successful for those who were in long positions. Pound/Dollar has had a slow session – high and low difference is just 42 pips. The Cable sees a typical amount of funds and most of them have been driven by bullish expectations. There have been no significant profit opportunities due to the narrow price movement range. Dollar/Yen rose above the 110 level to trade point 3% in the positive territory. Trading has been passive, volume is extremely low and neutral sentiment of the traders is leaning towards the long side by 13%. Rise puts bulls in better positions, but the passive trading approach is the limiting factor. Pound/Yen has gained ground and a gain of point 39% has been posted. Turnover is low and neutral sentiment of the market players is at an even balance. Rise has provided profit chances for those who were in long positions. Euro/Yen has shot up by more than 100 pips and the pair was point 68% in the green at 12 o’clock. Traded volume is average and neutral sentiment is 2% long. Bulls have seen plenty of profit chances as the pair rose. I’m Jack Everitt and that’s all for Wednesday’s Midday Snapshot.
This is the Dukascopy Midday Snapshot for Wednesday, where we’ll take a closer look at how well the market players have worked out the rate movements.
Euro/Dollar rose by 66 pips to trade point 38% in the green at 12 o’clock. Traded volume is average and neutral sentiment of the traders is 5% short. Trading should be successful for those who were in long positions.
Pound/Dollar has had a slow session – high and low difference is just 42 pips. The Cable sees a typical amount of funds and most of them have been driven by bullish expectations. There have been no significant profit opportunities due to the narrow price movement range.
Dollar/Yen rose above the 110 level to trade point 3% in the positive territory. Trading has been passive, volume is extremely low and neutral sentiment of the traders is leaning towards the long side by 13%. Rise puts bulls in better positions, but the passive trading approach is the limiting factor.
Pound/Yen has gained ground and a gain of point 39% has been posted. Turnover is low and neutral sentiment of the market players is at an even balance. Rise has provided profit chances for those who were in long positions.
Euro/Yen has shot up by more than 100 pips and the pair was point 68% in the green at 12 o’clock. Traded volume is average and neutral sentiment is 2% long. Bulls have seen plenty of profit chances as the pair rose.
I’m Jack Everitt and that’s all for Wednesday’s Midday Snapshot.
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