16.04.2018 – Midday Snapshot by Dukascopy
April 16, 2018 12:53 pmVideo
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It’s time for the midday snapshot where we assess the performance of traders until 12pm gmt this Monday.
First up is the EUR/USD where a rise of 50 pips leaves it standing point 31% in the green at midday. Sentiment is neutral at 5% long and trading is average in terms of volume. The uptrend could have provided success for bulls.
Next we turn our attention to the cable, where a 85 pip rise leaves the pair point 45% in the green at midday. Sentiment is neutral at 9% short and trading has been active with 48% more than the monthly average. Again the up-trend here could have provided success for bulls.
Then we have the USD/JPY where a drop of 39 pips leaves the pair point 17% in the red at midday. Sentiment is bullish at 32% long and trading has been relatively calm at 24% less than the monthly average. A bad day for traders so far due to the price drop.
The penultimate pair in this report is the GBP/JPY where a rise of 101 pips leaves the pair point 27% in the green at midday. Sentiment is Bearish at 18% short and trading has been calm, with 19% less than the monthly average. Another troublesome pair for traders as the price shot up following an early drop.
Finally we have the EUR/JPY which has been volatile, posting a drop of 69 pips before rebounding to trade point 14% in the green at midday. Sentiment is Bullish at 28% long and trading has been quiet with 28% less than the monthly average. Good news for traders here as this pair shot up following an early drop. .
That’s all for this midday snapshot with myself Jack Everitt, Have a lovely day, good luck and goodbye.
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