09.03.2018 – Midday Snapshot by Dukascopy
March 9, 2018 1:06 pmVideo
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Morning session is over on this week’s last trading day and it’s time for the Dukascopy Midday Snapshot.
Euro/Dollar shows limited rate movement range, but the pair has attracted an average amount of funds. Neutral sentiment of the traders is 6% short. Both sides have seen some profit opportunities, but the flat rate movement suggests no significant shifts in funds are likely.
Pound/Dollar has had a slow day – volatility measures at only 43 pips and the pair has attracted just half of the monthly average funds. Sentiment of the traders is bearish, 22% short. Rate movement has been flat and trading passive, so no major changes in trading accounts should be expected.
Dollar/Yen jumped during the early trading hours and a gain of point 36% has been posted. Traded volume is average and neutral sentiment is just 1% long. Early surge has provided solid profit opportunities for those who were long.
Pound/Yen has gained ground as well and a half a percent gain was recorded at midday. Traded volume is average and most of the funds have been driven by bullish expectations. The rate has been heading higher, making profits very much likely.
Euro/Yen has been trading sideways after the early rise and the pair stood point 29% in the green at 12 o’clock. Traded volume is low and most of the traders have been in long positions. Early surge has provided solid profit chances for investors.
I’m Kiays Khalil and this brings Friday’s Midday Snapshot to an end. Goodbye for now.
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