It’s 12 PM GMT this Thursday, and the Dukascopy TV team is here with another Midday Snapshot. Euro/Dollar rose by 63 pips, but most of the gains were given up after the daily high of 1 2511 was reached. Traded volume is average and neutral sentiment of the market players is 7% long. Rise was followed by a decline, so both sides have had their profit opportunities. Pound/Dollar retreated slightly from the high of 1 4078, but the pair was still point 22% in the green at noon. The Cable sees 33% less than typical funds and sentiment of the traders is neutral, 3% short. Rise suggests profits are more likely for those who had long positions. Dollar/Yen was moving slowly lower during the early trading hours, but all of the loss was wiped out by a following rise. Turnover is high and neutral sentiment is 5% short. Trend has changed during the morning session and success depends on the timing of the trades. Pound/Yen has been mostly heading up and the pair stood point 36% in the green at noon. Traded volume is high and neutral sentiment is 6% short. Most of the session has been bullish for the Sterling, putting those who were long in better positions. Euro/Yen shows limited rate movement and the pair sees less than half of the monthly average funds. Most of the traders have been in long positions, but both the slow trading and the narrow price movement range are limiting factors. And that’s how things look so far. I’m Kiays Khalil and goodbye for now.
It’s 12 PM GMT this Thursday, and the Dukascopy TV team is here with another Midday Snapshot.
Euro/Dollar rose by 63 pips, but most of the gains were given up after the daily high of 1 2511 was reached. Traded volume is average and neutral sentiment of the market players is 7% long. Rise was followed by a decline, so both sides have had their profit opportunities.
Pound/Dollar retreated slightly from the high of 1 4078, but the pair was still point 22% in the green at noon. The Cable sees 33% less than typical funds and sentiment of the traders is neutral, 3% short. Rise suggests profits are more likely for those who had long positions.
Dollar/Yen was moving slowly lower during the early trading hours, but all of the loss was wiped out by a following rise. Turnover is high and neutral sentiment is 5% short. Trend has changed during the morning session and success depends on the timing of the trades.
Pound/Yen has been mostly heading up and the pair stood point 36% in the green at noon. Traded volume is high and neutral sentiment is 6% short. Most of the session has been bullish for the Sterling, putting those who were long in better positions.
Euro/Yen shows limited rate movement and the pair sees less than half of the monthly average funds. Most of the traders have been in long positions, but both the slow trading and the narrow price movement range are limiting factors.
And that’s how things look so far. I’m Kiays Khalil and goodbye for now.
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