It’s time for the Dukascopy Midday Snapshot, where we`ll find out how market players have performed during the morning session on this Thursday. Euro/Dollar has traded in a total range of just 41 pips, but the pair sees a typical amount of funds. Neutral sentiment of the traders is 5% short. Both sides have seen only limited profit opportunities due to the narrow price movement range. Pound/Dollar moved South to trade point 36% in the red at noon. The Cable has attracted an average amount of funds and neutral sentiment of the market players is 5% long. Decline makes profits more likely for those who were short. Dollar/Yen rose by 55 pips and a gain of point 14% was posted at midday. Traded volume is average and sentiment of the market players is neutral, 5% short. Bullish rate movement has provided profit opportunities for those who were long. Pound/Yen’s increase was followed by a decline, which has wiped out all of the gains. Turnover is average and neutral sentiment is leaning towards the short side by 12%. Early hours were in favor for bulls, but the following decline has brought risks as well. Euro/Yen’s trend has changed as well and only a slight gain was posted at midday. Traded volume is low and most of the traders have been forecasting the pair to head lower. Trading should be successful if it was done after the daily high was reached. I’m Jessica Walker and that’s it for Thursday’s Dukascopy Midday Snapshot.
It’s time for the Dukascopy Midday Snapshot, where we`ll find out how market players have performed during the morning session on this Thursday.
Euro/Dollar has traded in a total range of just 41 pips, but the pair sees a typical amount of funds. Neutral sentiment of the traders is 5% short. Both sides have seen only limited profit opportunities due to the narrow price movement range.
Pound/Dollar moved South to trade point 36% in the red at noon. The Cable has attracted an average amount of funds and neutral sentiment of the market players is 5% long. Decline makes profits more likely for those who were short.
Dollar/Yen rose by 55 pips and a gain of point 14% was posted at midday. Traded volume is average and sentiment of the market players is neutral, 5% short. Bullish rate movement has provided profit opportunities for those who were long.
Pound/Yen’s increase was followed by a decline, which has wiped out all of the gains. Turnover is average and neutral sentiment is leaning towards the short side by 12%. Early hours were in favor for bulls, but the following decline has brought risks as well.
Euro/Yen’s trend has changed as well and only a slight gain was posted at midday. Traded volume is low and most of the traders have been forecasting the pair to head lower. Trading should be successful if it was done after the daily high was reached.
I’m Jessica Walker and that’s it for Thursday’s Dukascopy Midday Snapshot.
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