Morning session is over on this Thursday so let’s find out how the market players have performed so far.
Euro/Dollar has moved slowly higher to trade point 35% up from the opening level at noon. Traded volume is extremely low and neutral sentiment of the traders is 13% short. Uptrend has provided bulls with their chances, but the passive trading approach is the limiting factor.
Pound/Dollar attempted a move towards the 1 30 level, but most of the gains were given up. The Cable sees just close to half of the monthly average funds and most of them have been driven by bullish expectations. Rise was followed by a pull back, providing traders with chances and risks.
Dollar/Yen rose after the early decline and the pair was back near the opening level at midday. Turnover is average and sentiment of the traders is neutral, 4% long. Early hours should be successful for bears, but the change in trend was good news for bulls.
Pound/Yen retreated from the daily high, but the pair was still point 23% up from the opening level at 12 o’clock. Traded volume is low and neutral sentiment of the traders is 5% long. Most of the session was in favor for bulls, but the late pull back was good news for bears.
Euro/Yen has shot up from the low of 128, gaining more than 100 pips in a steep rise. Traded volume is average and most of the traders have been forecasting the pair to head higher, sentiment is bullish. Steep rise makes a successful morning session very much likely for investors.
I’m Kiays Khalil and that’s it for now, but stay tuned for the hourly updates to track the latest changes in trader performance.

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