The morning session is over on this Wednesday, so let’s see how things are shaping up for the market players. Euro/Dollar has been mostly trending lower and a loss of point 52% was posted at noon. This pair sees more than double the monthly average funds and neutral sentiment of the traders is 4% long. Downtrend suggests a successful start of the day for those who had short positions. Pound/Dollar has seen its trend change and the pair was back near the opening level at midday. Turnover is high and neutral sentiment of the traders is leaning towards the long side by 11%. Shifting trend has provided both sides with their profit opportunities. Dollar/Yen shot up during the early trading hours and the pair stands point 32% in the green. Trading has been active, volume is high and neutral sentiment is almost at an even balance. Early hours should be successful for those who were long. Pound/Yen has been trending up and a gain of point 24% was posted at 12 o’clock. Traded volume is high and most of the traders have been forecasting the pair to head higher. It did go per those expectations and profits are very much likely. Euro/Yen declined after the early rise and the pair was point 2% in the red at noon. Traded volume is extremely high and neutral sentiment is leaning towards the long side by 14%. Success depends on the timing of the trades as the trend has changed. I’m Jack Everitt and that’s all for Wednesday’s Midday Snapshot,
The morning session is over on this Wednesday, so let’s see how things are shaping up for the market players.
Euro/Dollar has been mostly trending lower and a loss of point 52% was posted at noon. This pair sees more than double the monthly average funds and neutral sentiment of the traders is 4% long. Downtrend suggests a successful start of the day for those who had short positions.
Pound/Dollar has seen its trend change and the pair was back near the opening level at midday. Turnover is high and neutral sentiment of the traders is leaning towards the long side by 11%. Shifting trend has provided both sides with their profit opportunities.
Dollar/Yen shot up during the early trading hours and the pair stands point 32% in the green. Trading has been active, volume is high and neutral sentiment is almost at an even balance. Early hours should be successful for those who were long.
Pound/Yen has been trending up and a gain of point 24% was posted at 12 o’clock. Traded volume is high and most of the traders have been forecasting the pair to head higher. It did go per those expectations and profits are very much likely.
Euro/Yen declined after the early rise and the pair was point 2% in the red at noon. Traded volume is extremely high and neutral sentiment is leaning towards the long side by 14%. Success depends on the timing of the trades as the trend has changed.
I’m Jack Everitt and that’s all for Wednesday’s Midday Snapshot,
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