12.07.2018 – Midday Snapshot by Dukascopy
July 12, 2018 12:55 pmVideo
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It’s 12 PM GMT this Thursday, and the Dukascopy TV team is here with another Midday Snapshot.
Euro/Dollar declined by just 43 pips and a slight loss was posted at noon. Turnover is average and sentiment of the traders is neutral, 5% short. There have been some limited profit opportunities for bearish market players.
Pound/Dollar has walked in a total range of just 46 pips and the pair sees 39% less than typical funds. Most of them have been driven by bearish expectations, but both the flat rate movement and passive trading approach suggest no significant moves in funds are likely.
Dollar/Yen rose by 66 pips and the pair was point 47% in the green at midday. Turnover is high and neutral sentiment is leaning towards the short side by 11%. Bullish rate movement has provided plenty of profit opportunities for those who were in long positions.
Pound/Yen has gained ground as well and a gain of point 46% was posted at 12 o’clock. Traded volume is extremely low and neutral sentiment of the traders is 13% short. The rate has been heading higher, suggesting a successful morning session for bulls.
Euro/Yen has been on a rise and it puts the pair point 28% in the green. Trading has been active, volume is high and sentiment is neutral, 5% long. There have been plenty of profit chances for bullish market players.
That’s how things look so far. I’m Kiays Khalil and goodbye for now.
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