It’s time for the Midday Snapshot where we assess the performance of the traders until 12pm gmt on this thursday. First up is the EUR/USD which has been dropping throughout the day and a drop of 60 pips leaves it standing point 41% in the red at midday. Sentiment is neutral at 3% long and trading has been extremely active at 126% more than the monthly average. The drop in price means good news for bears here. Next we have the GBP/USD pair who have been fairly volatile posting a rise of 74 pips from the daily low, to leave the pair point 12% in the green at midday. Sentiment is neutral, almost at a balance and trading has been active with 64% more than the monthly average. Chances for profit here, if trades were executed close to the daily low. Moving on, we turn our attention to the USD/JPY which has been moving north throughout the day and a rise of 51 pips leaves it standing point 33% in the green at midday. Sentiment is neutral at 6% short and trading is average in terms of volume. Some chances for bulls here. The penultimate pair in this report is the GBP/JPY which has had an active day and a rise of 115 pips leaves the pair point 45% in the green at midday. Sentiment is strongly bullish at 44% long, with a typical amount of trading. The big jump in price looks like good news for traders here. Finally let’s look at the EUR/JPY another pair that has had an eventful day so far. With a high and low difference of 52 pips . However the overall price movement has been flat, as this pair posts just a point 08% rise to midday. Sentiment is strongly Bearish at 40% short and trading has been active, with 96% more than the monthly average. The early drop looked like good news for traders, however the subsequent rise could spell trouble. Overall though, the flat rate movement should cushion losses. That’s all for this midday snapshot, I’m Jack Everitt, thank you for watching and have a lovely day!
It’s time for the Midday Snapshot where we assess the performance of the traders until 12pm gmt on this thursday.
First up is the EUR/USD which has been dropping throughout the day and a drop of 60 pips leaves it standing point 41% in the red at midday. Sentiment is neutral at 3% long and trading has been extremely active at 126% more than the monthly average. The drop in price means good news for bears here.
Next we have the GBP/USD pair who have been fairly volatile posting a rise of 74 pips from the daily low, to leave the pair point 12% in the green at midday. Sentiment is neutral, almost at a balance and trading has been active with 64% more than the monthly average. Chances for profit here, if trades were executed close to the daily low.
Moving on, we turn our attention to the USD/JPY which has been moving north throughout the day and a rise of 51 pips leaves it standing point 33% in the green at midday. Sentiment is neutral at 6% short and trading is average in terms of volume. Some chances for bulls here.
The penultimate pair in this report is the GBP/JPY which has had an active day and a rise of 115 pips leaves the pair point 45% in the green at midday. Sentiment is strongly bullish at 44% long, with a typical amount of trading. The big jump in price looks like good news for traders here.
Finally let’s look at the EUR/JPY another pair that has had an eventful day so far. With a high and low difference of 52 pips . However the overall price movement has been flat, as this pair posts just a point 08% rise to midday. Sentiment is strongly Bearish at 40% short and trading has been active, with 96% more than the monthly average. The early drop looked like good news for traders, however the subsequent rise could spell trouble. Overall though, the flat rate movement should cushion losses.
That’s all for this midday snapshot, I’m Jack Everitt, thank you for watching and have a lovely day!
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