The morning session is over on this Tuesday, and it’s time for the Dukascopy Midday Snapshot. Euro/Dollar rose above the 1 23 level and the pair stands point 31% in the green. Turnover is average and sentiment of the traders is neutral, 8% short. Uptrend puts bullish market players in better positions so far today. Pound/Dollar has appreciated by almost 100 pips as the pair moved towards the 1 40 level. The Cable sees 39% less than typical funds and most of them have been driven by bullish expectations. Only the slow trading approach limits upside potential as the rate moved per those forecasts. Dollar/Yen has been on a slide and a loss of almost 1% has been posted by noon. Traded volume is high and sentiment of the market players is neutral, 11% long. Sharp decline suggests a successful morning session for those who were short. Pound/Yen dropped as well and the pair was point 6% in the red at midday as it rose from the daily low. Turnover is high and sentiment of the traders is neutral, leaning towards the short side by 12%. Sharp decline has provided profit opportunities for those who were short. Euro/Yen has moved sharply down and this reflects in a 12 o’clock loss of point 68%. Traders have used 28% more than typical funds trading this pair and neutral sentiment is 6% long. Bears saw solid profit opportunities as the rate took a steep slide. I’m Jessica Walker and this was the Midday Snapshot for Tuesday.
The morning session is over on this Tuesday, and it’s time for the Dukascopy Midday Snapshot.
Euro/Dollar rose above the 1 23 level and the pair stands point 31% in the green. Turnover is average and sentiment of the traders is neutral, 8% short. Uptrend puts bullish market players in better positions so far today.
Pound/Dollar has appreciated by almost 100 pips as the pair moved towards the 1 40 level. The Cable sees 39% less than typical funds and most of them have been driven by bullish expectations. Only the slow trading approach limits upside potential as the rate moved per those forecasts.
Dollar/Yen has been on a slide and a loss of almost 1% has been posted by noon. Traded volume is high and sentiment of the market players is neutral, 11% long. Sharp decline suggests a successful morning session for those who were short.
Pound/Yen dropped as well and the pair was point 6% in the red at midday as it rose from the daily low. Turnover is high and sentiment of the traders is neutral, leaning towards the short side by 12%. Sharp decline has provided profit opportunities for those who were short.
Euro/Yen has moved sharply down and this reflects in a 12 o’clock loss of point 68%. Traders have used 28% more than typical funds trading this pair and neutral sentiment is 6% long. Bears saw solid profit opportunities as the rate took a steep slide.
I’m Jessica Walker and this was the Midday Snapshot for Tuesday.
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