We’re halfway through the last trading day of the week, so let’s have a look at how traders have been performing with the Midday Snapshot.
Euro/Dollar has been relatively flat so far in the session, high and low difference is just 31 pips and it sits point 1% in the red at midday. The pair has attracted a low amound of funds, and the sentiment of the traders is neutral at 11% long. The shifting trend would have provides both sides with opportunities for success, however the narrow movement range would have limited things.
The trend looks similar for the Cable, with total volatility measuring 49 pips. Pound/Dollar sits slightly in the red at 12 o’clock, with traded volume being extremely low and the sentiment of the traders is neutral at 13% short. Success depends on the timing of the trade, but the flat rate movement is the limiting factor.
Dollar/Yen has also seen a change in direction, rising from the daily low by 36 pips to reach the high of 109 27. This cross sits ever so slightly in the green territory at 12PM. Traded volume is average and trader’s sentiment is at a balance. The spike has provided both bulls and bears with opportunities.
Pound/Yen has walked in a total rang of 63 pips and currently stands slightly in the green at noon. This pair has attracted a low amount of funds, and the sentiment of traders is neutral at 1% short. The shifting trend has given both sides chances for success.
And last for this overview is Euro/Yen which has a total volatility of 49 pips, and it currently sits just in the red at 12 PM GMT. Traded volume for this cross has been average at 14%, and the sentiment of traders is Bullish at 17% long. Bulls could have seen success as the pair was moving towards the daily high, but again, the flat rate movement would have limited things.
I’m Jessica Walker and that wraps up this weeks last Midday Snapshot, but as the markets are always changing we will be providing you with all of the latest updates, so be sure to click back.

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