Dukascopy Forex TV Team is back with this week’s first Midday Snapshot. Euro/Dollar has been on a rise, which has resulted in a gain of point 32%. Traded volume is average and neutral sentiment is at an even balance. Uptrend has provided profit opportunities for bullish market players. Pound/Dollar has been trending up as well and the pair was point 35% in the green at 12 o’clock. The Cable has attracted an average amount of funds and most of them have been in long positions. The rate did go per those expectations, suggesting profits for investors. Dollar/Yen declined gradually by a total of 27 pips, while attracting 31% less than typical funds. Neutral sentiment is just 3% short. Bears have been in better positions, but both the narrow price movement range and passive trading approach suggest no significant moves in funds are likely. Pound/Yen rose by 65 pips and it puts the pair point 28% in the green. Trading has been typical in terms of volume and most of the funds have been driven by bullish expectations. Traders saw plenty of profit chances as the pair gained 65 pips. Euro/Yen rose slowly by 44 pips and a gain of point 25% has been posted. Turnover is average and most of the traders have been in short positions. The rate went in the opposite direction to those forecasts and losses are more likely. I’m Jack Everitt and that’s it for Monday’s Midday Snapshot.
Dukascopy Forex TV Team is back with this week’s first Midday Snapshot.
Euro/Dollar has been on a rise, which has resulted in a gain of point 32%. Traded volume is average and neutral sentiment is at an even balance. Uptrend has provided profit opportunities for bullish market players.
Pound/Dollar has been trending up as well and the pair was point 35% in the green at 12 o’clock. The Cable has attracted an average amount of funds and most of them have been in long positions. The rate did go per those expectations, suggesting profits for investors.
Dollar/Yen declined gradually by a total of 27 pips, while attracting 31% less than typical funds. Neutral sentiment is just 3% short. Bears have been in better positions, but both the narrow price movement range and passive trading approach suggest no significant moves in funds are likely.
Pound/Yen rose by 65 pips and it puts the pair point 28% in the green. Trading has been typical in terms of volume and most of the funds have been driven by bullish expectations. Traders saw plenty of profit chances as the pair gained 65 pips.
Euro/Yen rose slowly by 44 pips and a gain of point 25% has been posted. Turnover is average and most of the traders have been in short positions. The rate went in the opposite direction to those forecasts and losses are more likely.
I’m Jack Everitt and that’s it for Monday’s Midday Snapshot.
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