07.06.2018 – Midday Snapshot by Dukascopy
June 7, 2018 1:03 pmVideo
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It’s time for the Dukascopy Midday Snapshot, where we`ll find out how market players have performed during the morning session on this Thursday.
Euro/Dollar has gained 58 pips to trade point 41% in the green. Turnover is low and neutral sentiment of the traders is 9% short. Gradual rise suggests a successful morning session for those who had long positions.
Pound/Dollar dropped by close to 100 pips hours into the trading day and a slight loss was posted at noon. The Cable sees 24% less than typical funds and neutral sentiment is 11% short. Late slide has provided profit chances for those who were short.
Dollar/Yen has traded in a total range of just 38 pips, attracting less than half of the monthly average funds. Most of them have been driven by bearish expectations. There have been only limited profit chances due to the narrow price movement range and passive trading approach.
Pound/Yen dropped hours into the session and a loss of point 27% has been posted. Turnover is low and neutral sentiment is 4% short. Late slide makes profits more likely for those who were in short positions.
Euro/Yen has been trending up and rise has resulted in a gain of point 3%. Traded volume is average and neutral sentiment is 2% short. Gradual rise puts bullish market players in better positions so far today.
I’m Kiays Khalil and that’s it for Thursday’s Dukascopy Midday Snapshot.
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