You’re watching Thursday’s FX Midday Snapshot brought to you by the Dukascopy TV Team. Euro/Dollar has been trending higher and the pair stands point 31% at noon. Traded volume is average and neutral sentiment of the traders is just 5% short. Gradual rise has provided plenty of profit opportunities for those who had long positions. Pound/Dollar’s gradual rise was followed by a drop and the pair was a fraction in the red at midday. The Cable sees double the monthly average funds and neutral sentiment is 10% short. Bulls had plenty of chances during the gradual uptrend, but the late slide was good news for bears. Dollar/Yen has seen its trend change a couple of times and the pair was slightly South of the opening level at 12 o’clock. Turnover is high and neutral sentiment of the traders is 4% long. Trend has been changing here and success depends on the timing of the trades. Pound/Yen dropped by 140 pips hours in the session and slide has resulted in a loss of a quarter of a percent. This pair has attracted more than double the monthly average funds and most of them have been driven by bearish expectations. Late slide has provided solid profit opportunities for traders. Euro/Yen has moved slightly above the 130 level as it gained a total of 56 pips. Turnover is low and neutral sentiment of the traders is leaning towards the short side by 13%. Gradual rise puts bullish market players in better positions so far today. I’m Kiays Khalil and this wraps up Thursday’s Midday Snapshot.
You’re watching Thursday’s FX Midday Snapshot brought to you by the Dukascopy TV Team.
Euro/Dollar has been trending higher and the pair stands point 31% at noon. Traded volume is average and neutral sentiment of the traders is just 5% short. Gradual rise has provided plenty of profit opportunities for those who had long positions.
Pound/Dollar’s gradual rise was followed by a drop and the pair was a fraction in the red at midday. The Cable sees double the monthly average funds and neutral sentiment is 10% short. Bulls had plenty of chances during the gradual uptrend, but the late slide was good news for bears.
Dollar/Yen has seen its trend change a couple of times and the pair was slightly South of the opening level at 12 o’clock. Turnover is high and neutral sentiment of the traders is 4% long. Trend has been changing here and success depends on the timing of the trades.
Pound/Yen dropped by 140 pips hours in the session and slide has resulted in a loss of a quarter of a percent. This pair has attracted more than double the monthly average funds and most of them have been driven by bearish expectations. Late slide has provided solid profit opportunities for traders.
Euro/Yen has moved slightly above the 130 level as it gained a total of 56 pips. Turnover is low and neutral sentiment of the traders is leaning towards the short side by 13%. Gradual rise puts bullish market players in better positions so far today.
I’m Kiays Khalil and this wraps up Thursday’s Midday Snapshot.
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