13.04.2018 – Midday Snapshot by Dukascopy
April 13, 2018 12:48 pmVideo
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It’s time for the midday snapshot where we assess the performance of traders until 12pm GMT this Friday.
First up is the EUR/USD which has moved up and down throughout the day to post a loss of 39 pips leaving it point 14% in the red at midday. Sentiment is neutral at 2% long and trading has been active with 53% more than the monthly average. The late drop could prove good news for bears.
Next we look at the GBP/USD which has had a volatile day and a rise of 76 pips leaves the pair point 12% in the green at midday. Sentiment is neutral at 2% long and trading has been active with 115% more than the monthly average. A small move north here looks like good news for bulls.
Then we have the USD/JPY pair whose price has moved sharply up, gaining 49 pips to post a point 41% increase in price to midday. Sentiment is neutral, at a balance and trading has been average in terms of volume. The upward trend should be good news for bulls.
The penultimate pair in this report is the GBP/JPY which has also risen sharply by 118 pips to leave it point 53% in the green at midday. Sentiment is neutral and trading has been average in terms of volume. Bulls should also have found chances for profit whilst trading this pair.
Finally let’s look at the EUR/JPY which, as is becoming a trend in this report, has also risen sharply by 67 pips to post a gain of point 27% to midday. Again, sentiment is neutral and trading has been average in terms of volume. Another good pair for bulls, who look to have had a very good day indeed.
That’s all for this weeks last midday snapshot. I’m Jack Everitt, thank you for watching and have a great weekend, goodbye.
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