Morning session is over on this Tuesday so let’s see how traders have performed so far. Euro/Dollar has declined by a total of 55 pips and a loss of point 35% was posted at noon. Turnover is high and neutral sentiment of the traders is 7% long. Downtrend suggests a successful morning session for those who had short positions. Pound/Dollar shows a similar pattern and the pair stood point 24% in the red at midday. The Cable sees 32% more than typical funds and neutral sentiment is almost at an even balance. Decline has provided solid profit opportunities for bearish market players. Dollar/Yen dropped during the early trading hours, but some of the loss was recovered in a following rise. Traded volume is high and most of the traders have been forecasting the pair to head lower. Trading should be successful if it was done during the early drop. Pound/Yen’s session has been bearish and decline has resulted in a loss of point 66%. This pair sees 52% more than typical funds and neutral sentiment is just 2% short. Bearish rate movement has provided plenty of profit chances for those who were in short positions. Euro/Yen shows a steep decline and it puts the pair point 77% in the red. Traded volume is high and neutral sentiment is leaning towards the long side by 13%. Steep decline puts those who were short in better positions so far today. I’m Jessica Walker and this wraps up the Midday Snapshot for Tuesday.
Morning session is over on this Tuesday so let’s see how traders have performed so far.
Euro/Dollar has declined by a total of 55 pips and a loss of point 35% was posted at noon. Turnover is high and neutral sentiment of the traders is 7% long. Downtrend suggests a successful morning session for those who had short positions.
Pound/Dollar shows a similar pattern and the pair stood point 24% in the red at midday. The Cable sees 32% more than typical funds and neutral sentiment is almost at an even balance. Decline has provided solid profit opportunities for bearish market players.
Dollar/Yen dropped during the early trading hours, but some of the loss was recovered in a following rise. Traded volume is high and most of the traders have been forecasting the pair to head lower. Trading should be successful if it was done during the early drop.
Pound/Yen’s session has been bearish and decline has resulted in a loss of point 66%. This pair sees 52% more than typical funds and neutral sentiment is just 2% short. Bearish rate movement has provided plenty of profit chances for those who were in short positions.
Euro/Yen shows a steep decline and it puts the pair point 77% in the red. Traded volume is high and neutral sentiment is leaning towards the long side by 13%. Steep decline puts those who were short in better positions so far today.
I’m Jessica Walker and this wraps up the Midday Snapshot for Tuesday.
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