It’s noon GMT on this week’s last trading day, and time to take a look at how things have been shaping up for the traders during this morning session. Euro/Dollar’s gradual rise puts the pair point 28% in the green at midday. Traded volume is low and neutral sentiment of the market players is almost at a balance. Uptrend suggests a successful morning session is more likely for those who had long positions. Pound/Dollar was heading higher for hours, but a late correction cancelled out some of the gain. The Cable sees 72% more than typical funds and sentiment of the traders is neutral, 5% short. Most of the day has been bullish for this pair, making profits more likely for those who were long. Dollar/Yen declined after the early rise and a slight loss was posted at noon. Turnover is high and sentiment of the market players is neutral, long positions are up by just 7%. Early hours should be successful for bulls, but the change in trend was good news for bearish market players. Pound/Yen rose in a couple of waves, but a late decline has wiped out most of the gain. Trading has been slow here and neutral sentiment of the market players is leaning towards the long side by 14%. Success depends on the timing of the trades as a single trend hasn’t formed. Euro/Yen shot up early on, but most of the day has been calm afterwards. Traded volume is extremely low, the pair sees just slightly more than half of the monthly average funds. Sentiment of the traders is neutral, 7% short. Bulls had their chances early on, but the passive trading is the limiting factor. I’m Celeste Skinner and that’s it for Friday’s Midday Snapshot, but we’ll be updating these stats on an hourly basis, so stay tuned.
It’s noon GMT on this week’s last trading day, and time to take a look at how things have been shaping up for the traders during this morning session.
Euro/Dollar’s gradual rise puts the pair point 28% in the green at midday. Traded volume is low and neutral sentiment of the market players is almost at a balance. Uptrend suggests a successful morning session is more likely for those who had long positions.
Pound/Dollar was heading higher for hours, but a late correction cancelled out some of the gain. The Cable sees 72% more than typical funds and sentiment of the traders is neutral, 5% short. Most of the day has been bullish for this pair, making profits more likely for those who were long.
Dollar/Yen declined after the early rise and a slight loss was posted at noon. Turnover is high and sentiment of the market players is neutral, long positions are up by just 7%. Early hours should be successful for bulls, but the change in trend was good news for bearish market players.
Pound/Yen rose in a couple of waves, but a late decline has wiped out most of the gain. Trading has been slow here and neutral sentiment of the market players is leaning towards the long side by 14%. Success depends on the timing of the trades as a single trend hasn’t formed.
Euro/Yen shot up early on, but most of the day has been calm afterwards. Traded volume is extremely low, the pair sees just slightly more than half of the monthly average funds. Sentiment of the traders is neutral, 7% short. Bulls had their chances early on, but the passive trading is the limiting factor.
I’m Celeste Skinner and that’s it for Friday’s Midday Snapshot, but we’ll be updating these stats on an hourly basis, so stay tuned.
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