Hello, I’m Sinead MacLaughlin and this is the Midday Snapshot with a look at how market players have fared over the 12 hours to midday on this Tuesday. Euro/dollar has been forming seesaw pattern and only a fractional gain was posted at noon. Traded volume is average and the sentiment is neutral, close to a balance. Changing trend has provided both of the close to equal sides with their profit chances. Pound/Dollar has had a bearish day and a loss of point 18% was recorded at 12 o`clock. The Cable has attracted 81% more than average funds and the sentiment is neutral, 4% short. There have been plenty of chances for bears, but losses are more likely for bullish market players. Dollar/Yen’s trend has changed a number of times and the pair was back near the opening level at midday. Turnover is 32% up from the pair’s typical and the sentiment is bearish, 19% short. Success depends on the timing of the trades as the trend has been shifting. Pound/Yen moved sharply down after 6 o`clock and a loss of point 25% was posted after 12 hours of trading. Market players have traded with a massive 600% more than average funds and the sentiment is neutral, 1% long. Steep decline suggests this should be a successful morning session for bears. Euro/Yen’s morning session has been calm, high and low difference is just 29 pips. Trading has been slow in terms of volume as well and the sentiment is neutral, 5% short. Both the slow trading and low volatility should limit moves in trading accounts. That wraps up the Midday Snapshot for Tuesday. Hourly updates will provide you with the very latest stats throughout the day so stay tuned.
Hello, I’m Sinead MacLaughlin and this is the Midday Snapshot with a look at how market players have fared over the 12 hours to midday on this Tuesday.
Euro/dollar has been forming seesaw pattern and only a fractional gain was posted at noon. Traded volume is average and the sentiment is neutral, close to a balance. Changing trend has provided both of the close to equal sides with their profit chances.
Pound/Dollar has had a bearish day and a loss of point 18% was recorded at 12 o`clock. The Cable has attracted 81% more than average funds and the sentiment is neutral, 4% short. There have been plenty of chances for bears, but losses are more likely for bullish market players.
Dollar/Yen’s trend has changed a number of times and the pair was back near the opening level at midday. Turnover is 32% up from the pair’s typical and the sentiment is bearish, 19% short. Success depends on the timing of the trades as the trend has been shifting.
Pound/Yen moved sharply down after 6 o`clock and a loss of point 25% was posted after 12 hours of trading. Market players have traded with a massive 600% more than average funds and the sentiment is neutral, 1% long. Steep decline suggests this should be a successful morning session for bears.
Euro/Yen’s morning session has been calm, high and low difference is just 29 pips. Trading has been slow in terms of volume as well and the sentiment is neutral, 5% short. Both the slow trading and low volatility should limit moves in trading accounts.
That wraps up the Midday Snapshot for Tuesday. Hourly updates will provide you with the very latest stats throughout the day so stay tuned.
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