Morning session is over on this Tuesday and it’s time for the Dukascopy Midday Snapshot. I`m Ben Jones and here’s how the sentiment of the traders compares with the actual rate shifts.
Euro/Dollar has been on a rise and it stood point 83% in the green at 12 o`clock. Traded volume is average and the sentiment is neutral, short positions are up by 7%. The bullish rate movement suggests a successful morning session is more likely for those who had long positions.
Pound/Dollar rose sharply after 9 o`clock and the surge has resulted in a gain of point 61%. The Cable has attracted a typical amount of funds and the sentiment is strongly bullish, 38% long. The late surge has brought solid profit chances for market players.
Dollar/yen has been on a slide and it was a massive 1.71% in the red at noon. Traded volume is high, 24% up from the monthly average and the sentiment is neutral, 3% long. Steep decline has brought plenty of profit opportunities for those who had short positions.
Pound/Yen rose slightly after dropping to the low of 181 60, but the slide continued and it was 1.11% in the red at midday. Turnover is 59% up from the monthly average and the sentiment is neutral, almost at a balance. Profits are more likely for bears, but some chances were there for bulls during the late rise.
Euro/Yen’s morning session has been bearish and a loss of point 89% was posted after 12 hours of trading. Volume is low and the sentiment is neutral, long positions are up by just 2%. Rate has been moving South today, providing plenty of chances for those who had short positions.
This wraps up the Midday Snapshot for Tuesday. We`ll be updating these stats every hour, so do stay tuned.

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