It’s a new trading week and time for us to see how traders have managed to work out the rate shifts during the morning session. Euro/Dollar has been trending lower and a loss of point 42% has been posted. Turnover is high and most of the traders have been forecasting the pair to head higher. It went in the opposite direction to those forecasts, making losses more likely for investors. Pound/Dollar rose slightly after declining by 63 pips and a loss of point 26% was recorded at midday. The Cable sees 27% less than typical funds and neutral sentiment is 14% short. Downtrend makes a successful start of the day more likely for those who were short. Dollar/Yen’s increase was followed by a slide, which has wiped out all of the gains. Turnover is average and most of the funds have been driven by bearish expectations. Traders had their profit opportunities after the daily high was reached. Pound/Yen has been trending South and the pair stood point 31% in the red at 12 o’clock. Traded volume is high and sentiment of the market players is bearish, short positions are up by 21%. The rate did go per those expectations, suggesting profits for investors. Euro/Yen took a slide and it has resulted in a loss of point 47%. Turnover is average and sentiment is bearish, short positions outweigh long ones by 21%. Traders have done a good job working out the rate movement direction, making profits very much likely. I’m Jessica Walker and that’s it for Monday’s Midday Snapshot.
It’s a new trading week and time for us to see how traders have managed to work out the rate shifts during the morning session.
Euro/Dollar has been trending lower and a loss of point 42% has been posted. Turnover is high and most of the traders have been forecasting the pair to head higher. It went in the opposite direction to those forecasts, making losses more likely for investors.
Pound/Dollar rose slightly after declining by 63 pips and a loss of point 26% was recorded at midday. The Cable sees 27% less than typical funds and neutral sentiment is 14% short. Downtrend makes a successful start of the day more likely for those who were short.
Dollar/Yen’s increase was followed by a slide, which has wiped out all of the gains. Turnover is average and most of the funds have been driven by bearish expectations. Traders had their profit opportunities after the daily high was reached.
Pound/Yen has been trending South and the pair stood point 31% in the red at 12 o’clock. Traded volume is high and sentiment of the market players is bearish, short positions are up by 21%. The rate did go per those expectations, suggesting profits for investors.
Euro/Yen took a slide and it has resulted in a loss of point 47%. Turnover is average and sentiment is bearish, short positions outweigh long ones by 21%. Traders have done a good job working out the rate movement direction, making profits very much likely.
I’m Jessica Walker and that’s it for Monday’s Midday Snapshot.
You can view this video and the full video archive on the Dukascopy TV page: http://www.dukascopy.com/tv/en/#231861
Смотрите Dukascopy TV на вашем языке: http://www.youtube.com/user/dukascopytvrussian
用您的语言观看杜高斯贝电视: http://www.youtube.com/user/dukascopytvchinese
Miren Dukascopy TV en su idioma: http://www.youtube.com/user/dukascopytvspanish
Schauen Sie Dukascopy TV in Ihrer Sprache: http://www.youtube.com/user/dukascopytvgerman
Regardez la Dukascopy TV dans votre langue: http://www.youtube.com/user/dukascopytvfrench
Veja a TV Dukascopy na sua língua: http://www.youtube.com/user/dukascopytvpt
Dukascopy TV is a free educational project producing daily updates on global markets, visit http://Dukascopy.com/tv for more