We’re halfway through the last trading day of the week, so let’s take a look of the performance of the traders with the Midday Snapshot. Euro/Dollar has been moving up to trade point 22% in the green at noon. Trading has been active, volume is high and sentiment of the traders is neutral, 5% short. Bulls saw their profit opportunities as the pair rose by 73 pips. Pound/Dollar’s decline was followed by a rise and it puts the pair point 16% in the positive territory. The Cable sees 39% more than typical funds and neutral sentiment of the traders is 13% short. Both sides have had their profit chances as the trend has shifted. Dollar/Yen was back near the opening level at midday as the trend has changed a number of times. Traded volume is average and neutral sentiment is 10% long. Success depends on the timing of the trades as the trend has been changing. Pound/Yen rose in a couple of waves to trade point 22% in the green at 12 o’clock. Traded volume is average and sentiment of the traders is neutral, 10% short. Upward pressure has been stronger so far, putting bulls in better positions. Euro/Yen has been trending up and rise has resulted in a gain of point 28%. Traded volume is extremely low and most of the traders have been forecasting the pair to head up. It did go per those expectations and only the passive trading approach limits upside potential. I’m Jack Everitt and that’s it for Friday’s Dukascopy Midday Snapshot.
We’re halfway through the last trading day of the week, so let’s take a look of the performance of the traders with the Midday Snapshot.
Euro/Dollar has been moving up to trade point 22% in the green at noon. Trading has been active, volume is high and sentiment of the traders is neutral, 5% short. Bulls saw their profit opportunities as the pair rose by 73 pips.
Pound/Dollar’s decline was followed by a rise and it puts the pair point 16% in the positive territory. The Cable sees 39% more than typical funds and neutral sentiment of the traders is 13% short. Both sides have had their profit chances as the trend has shifted.
Dollar/Yen was back near the opening level at midday as the trend has changed a number of times. Traded volume is average and neutral sentiment is 10% long. Success depends on the timing of the trades as the trend has been changing.
Pound/Yen rose in a couple of waves to trade point 22% in the green at 12 o’clock. Traded volume is average and sentiment of the traders is neutral, 10% short. Upward pressure has been stronger so far, putting bulls in better positions.
Euro/Yen has been trending up and rise has resulted in a gain of point 28%. Traded volume is extremely low and most of the traders have been forecasting the pair to head up. It did go per those expectations and only the passive trading approach limits upside potential.
I’m Jack Everitt and that’s it for Friday’s Dukascopy Midday Snapshot.
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