Morning session is over on this week’s last trading day and it’s time for the Dukascopy Midday Snapshot where we`ll see how it has been shaping up for the currency traders. I`m Ben Jones. Euro/Dollar declined by 51 pips during the early hours, but the trend changed after 6 o`clock and only a fractional loss was posted at noon. Traded volume is average and the sentiment is neutral, 12% long. Both trends have lasted for hours, providing both of the close to equal sides with their profit chances. The Cable moved South in a couple of waves and a loss of point 29% was recorded at 12 o`clock. Pound/Dollar sees a typical amount of funds and the sentiment is bearish, short positions outweigh long ones by 32%. The bearish rate movement makes profits very much likely for investors. Dollar/Yen surged by a total of 77 pips and it was point 56% in the green at midday. Turnover is 37% down from the pair’s typical and the sentiment is neutral, 11% long. A successful morning session is more likely for those who had long positions. Pound/Yen was moving North during most of the day after the early decline and the pair was point 27% up from the opening level at noon. This pair has attracted half of the monthly average funds and the sentiment is bullish, 15% long. This should be a successful morning session for traders, but moves in funds should be limited by the slow trading. Euro/Yen gained ground from the early low and a gain of point 34% was recorded after 12 hours of trading. Volume is low and the sentiment is neutral, short positions are in the lead by 5%. The bullish rate movement makes profits more likely for those who had long positions. This wraps up the Midday Snapshot for Friday, but we`ll be updating these stats every hour, so stay tuned.
Morning session is over on this week’s last trading day and it’s time for the Dukascopy Midday Snapshot where we`ll see how it has been shaping up for the currency traders. I`m Ben Jones.
Euro/Dollar declined by 51 pips during the early hours, but the trend changed after 6 o`clock and only a fractional loss was posted at noon. Traded volume is average and the sentiment is neutral, 12% long. Both trends have lasted for hours, providing both of the close to equal sides with their profit chances.
The Cable moved South in a couple of waves and a loss of point 29% was recorded at 12 o`clock. Pound/Dollar sees a typical amount of funds and the sentiment is bearish, short positions outweigh long ones by 32%. The bearish rate movement makes profits very much likely for investors.
Dollar/Yen surged by a total of 77 pips and it was point 56% in the green at midday. Turnover is 37% down from the pair’s typical and the sentiment is neutral, 11% long. A successful morning session is more likely for those who had long positions.
Pound/Yen was moving North during most of the day after the early decline and the pair was point 27% up from the opening level at noon. This pair has attracted half of the monthly average funds and the sentiment is bullish, 15% long. This should be a successful morning session for traders, but moves in funds should be limited by the slow trading.
Euro/Yen gained ground from the early low and a gain of point 34% was recorded after 12 hours of trading. Volume is low and the sentiment is neutral, short positions are in the lead by 5%. The bullish rate movement makes profits more likely for those who had long positions.
This wraps up the Midday Snapshot for Friday, but we`ll be updating these stats every hour, so stay tuned.
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