It`s time for the Dukascopy Midday Snapshot, where we`ll see how traders have managed to work out the rate movements during the morning session on this Thursday. Euro/Dollar has moved gradually lower and a loss of point 21% was posted by noon. Turnover is low and neutral sentiment is almost at an even balance. Gradual decline has provided some chances for bearish market players. Pound/Dollar moved sharply South hours into the trading day and the pair was point 29% in the red by midday. The pair sees just half of the monthly average funds and most of them have been driven by bullish expectations. The late decline makes losses more likely, but they should be cushioned by the passive trading approach. Dollar/Yen has seen its trend change and the pair was slightly South of the opening level at midday. Traded volume is average and neutral sentiment is 11% short. Both sides have had their profit chances as the trend has shifted. Pound/Yen dropped by almost 100 pips hours into the session and slide puts the pair point 46% in the red. Turnover is high and most of the traders have been in short positions. Late slide makes profits very much likely. Euro/Yen has been trending South and a loss of point 38% was posted by noon. Traded volume is extremely low and neutral sentiment is 9% short. Gradual decline has provided profit chances for those who were short. I’m Kiays Khalil and that’s it for the 12 o`clock report. Goodbye for now.
It`s time for the Dukascopy Midday Snapshot, where we`ll see how traders have managed to work out the rate movements during the morning session on this Thursday.
Euro/Dollar has moved gradually lower and a loss of point 21% was posted by noon. Turnover is low and neutral sentiment is almost at an even balance. Gradual decline has provided some chances for bearish market players.
Pound/Dollar moved sharply South hours into the trading day and the pair was point 29% in the red by midday. The pair sees just half of the monthly average funds and most of them have been driven by bullish expectations. The late decline makes losses more likely, but they should be cushioned by the passive trading approach.
Dollar/Yen has seen its trend change and the pair was slightly South of the opening level at midday. Traded volume is average and neutral sentiment is 11% short. Both sides have had their profit chances as the trend has shifted.
Pound/Yen dropped by almost 100 pips hours into the session and slide puts the pair point 46% in the red. Turnover is high and most of the traders have been in short positions. Late slide makes profits very much likely.
Euro/Yen has been trending South and a loss of point 38% was posted by noon. Traded volume is extremely low and neutral sentiment is 9% short. Gradual decline has provided profit chances for those who were short.
I’m Kiays Khalil and that’s it for the 12 o`clock report. Goodbye for now.
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