Morning session is over on this Tuesday and it’s time for the Dukascopy Midday Snapshot. Euro/Dollar rose slowly by a total of 43 pips and a gain of point 28% was posted at noon. Traded volume is low and sentiment of the traders is bearish, short positions are up by 15%. Gradual rise makes losses more likely, but they should be limited by the calm trading and the narrow price movement range. Pound/Dollar dropped by more than 100 pips and a loss of point 47% was recorded at midday. The Cable sees a typical amount of funds and sentiment of the market players is neutral, 13% long. Drop suggests a successful morning session for those who had short positions. Morning session has been bearish for the Dollar/Yen and downtrend has resulted in a loss of point 26%. Traded volume is average and sentiment of the market players is neutral, 4% long. Bears have seen plenty of profit chances as the rate has been trending South. Pound/Yen took a steep slide after 9 o’clock and it puts the pair point 73% in the red. Trading has been active, volume is high and neutral sentiment of the traders is close to a balance. Late drop has provided bears with solid profit opportunities. Euro/Yen’s rate movement has been calmer than usual, high and low difference is just 48 pips, but the pair sees a typical amount of funds. Sentiment of the traders is neutral, 14% short. Both sides have seen only limited profit chances due to the flat rate movement. I’m Celeste Skinner and this was the Midday Snapshot for Tuesday. As usual, these stats will be updated on an hourly basis, so stay tuned.
Morning session is over on this Tuesday and it’s time for the Dukascopy Midday Snapshot.
Euro/Dollar rose slowly by a total of 43 pips and a gain of point 28% was posted at noon. Traded volume is low and sentiment of the traders is bearish, short positions are up by 15%. Gradual rise makes losses more likely, but they should be limited by the calm trading and the narrow price movement range.
Pound/Dollar dropped by more than 100 pips and a loss of point 47% was recorded at midday. The Cable sees a typical amount of funds and sentiment of the market players is neutral, 13% long. Drop suggests a successful morning session for those who had short positions.
Morning session has been bearish for the Dollar/Yen and downtrend has resulted in a loss of point 26%. Traded volume is average and sentiment of the market players is neutral, 4% long. Bears have seen plenty of profit chances as the rate has been trending South.
Pound/Yen took a steep slide after 9 o’clock and it puts the pair point 73% in the red. Trading has been active, volume is high and neutral sentiment of the traders is close to a balance. Late drop has provided bears with solid profit opportunities.
Euro/Yen’s rate movement has been calmer than usual, high and low difference is just 48 pips, but the pair sees a typical amount of funds. Sentiment of the traders is neutral, 14% short. Both sides have seen only limited profit chances due to the flat rate movement.
I’m Celeste Skinner and this was the Midday Snapshot for Tuesday. As usual, these stats will be updated on an hourly basis, so stay tuned.
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