The morning session is over on this Wednesday, and it’s time for the Dukascopy Midday Snapshot. Euro/Dollar’s gradual decline was followed by a rise, which has wiped out all of the loss. Traded volume is average and sentiment of the traders is neutral, short positions are up by 9%. Bears had their chances during the early trading hours, but the change in trend provided profit opportunities for bulls. Pound/Dollar shows a similar pattern and the pair surged by more than 100 pips to hit the daily high just pips above the 1 36 level after declining during the early trading hours. Traded volume is average and sentiment of the traders is bullish at 28% long. Trading should be successful if it was done after the daily low was hit. Dollar/Yen surged early on and continued trending higher afterwards to gain a total of 81 pips. Turnover is average and neutral sentiment of the traders is 2% short. Early surge puts bullish market players in better positions so far. Pound/Yen has gained ground as well and the pair broke through the 149 level as it appreciated by 147 pips. Traded volume is average and neutral sentiment is 7% long. Steep rise suggests a successful morning session for those who were in long positions. Euro/Yen has been on a rise and it has resulted in a gain of point 73%. Trading has been active, volume is high and most of the traders have been forecasting the pair to head lower. It went in the opposite direction, making losses more likely so far. You’ve been watching the Midday Snapshot for Wednesday with me, Jack Everitt.
The morning session is over on this Wednesday, and it’s time for the Dukascopy Midday Snapshot.
Euro/Dollar’s gradual decline was followed by a rise, which has wiped out all of the loss. Traded volume is average and sentiment of the traders is neutral, short positions are up by 9%. Bears had their chances during the early trading hours, but the change in trend provided profit opportunities for bulls.
Pound/Dollar shows a similar pattern and the pair surged by more than 100 pips to hit the daily high just pips above the 1 36 level after declining during the early trading hours. Traded volume is average and sentiment of the traders is bullish at 28% long. Trading should be successful if it was done after the daily low was hit.
Dollar/Yen surged early on and continued trending higher afterwards to gain a total of 81 pips. Turnover is average and neutral sentiment of the traders is 2% short. Early surge puts bullish market players in better positions so far.
Pound/Yen has gained ground as well and the pair broke through the 149 level as it appreciated by 147 pips. Traded volume is average and neutral sentiment is 7% long. Steep rise suggests a successful morning session for those who were in long positions.
Euro/Yen has been on a rise and it has resulted in a gain of point 73%. Trading has been active, volume is high and most of the traders have been forecasting the pair to head lower. It went in the opposite direction, making losses more likely so far.
You’ve been watching the Midday Snapshot for Wednesday with me, Jack Everitt.
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