Let’s see how traders have performed during the morning session on this volatile Wednesday. Euro/Dollar has returned above the 1 20 level after gaining almost 100 pips from the daily low. Trading has been active, volume is extremely high and neutral sentiment of the traders is 11% long. Surge has provided solid profit opportunities for bullish market players. Pound/Dollar’s decline was followed by a rise, which has taken the pair back near midnight’s level. The Cable sees 76% more than typical funds and most of those have been driven by bullish expectations. Trading should be successful if it was done hours into the session, after the daily low was hit. Dollar/Yen has been on a slide and it has resulted in a loss of 1.22%. Traded volume is a massive 336% up from the monthly average and neutral sentiment of the traders is 10% long. Steep decline has provided bears with plenty of profit chances. Pound/Yen dropped by 202 pips and a loss of more than 1% has been posted by noon. Turnover is extremely high and most of the traders have been forecasting the pair to head higher. Steep slide has brought risks for market players. Euro/Yen’s chart shows a bearish session and a loss of point 58% was recorded at 12 o’clock. This pair sees a typical amount of funds and most of those have been driven by bullish forecasts. The rate took a sharp decline, making losses more likely for investors. I’m Jessica Walker and that’s it for Wednesday’s Midday Snapshot.
Let’s see how traders have performed during the morning session on this volatile Wednesday.
Euro/Dollar has returned above the 1 20 level after gaining almost 100 pips from the daily low. Trading has been active, volume is extremely high and neutral sentiment of the traders is 11% long. Surge has provided solid profit opportunities for bullish market players.
Pound/Dollar’s decline was followed by a rise, which has taken the pair back near midnight’s level. The Cable sees 76% more than typical funds and most of those have been driven by bullish expectations. Trading should be successful if it was done hours into the session, after the daily low was hit.
Dollar/Yen has been on a slide and it has resulted in a loss of 1.22%. Traded volume is a massive 336% up from the monthly average and neutral sentiment of the traders is 10% long. Steep decline has provided bears with plenty of profit chances.
Pound/Yen dropped by 202 pips and a loss of more than 1% has been posted by noon. Turnover is extremely high and most of the traders have been forecasting the pair to head higher. Steep slide has brought risks for market players.
Euro/Yen’s chart shows a bearish session and a loss of point 58% was recorded at 12 o’clock. This pair sees a typical amount of funds and most of those have been driven by bullish forecasts. The rate took a sharp decline, making losses more likely for investors.
I’m Jessica Walker and that’s it for Wednesday’s Midday Snapshot.
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