It’s 12 o’clock this Tuesday, so it’s time for the Dukascopy Midday Snapshot. I’m Jessica Walker Euro/Dollar had a slow start, but a subsequent rise of 70 pips left it point 41% in the green at midday. Traded volume is 27% up from the monthly average, and the sentiment is neutral, close to a balance. Bulls have been in better positions so far. The Cable dropped by 96 pips in the second half of the session, and it was half a percent down from the opening level at noon. Trading has been extremely active, and the sentiment is neutral, although short positions prevail by 7%. Success is likely for the small majority of bears. Dollar/Yen stood point 13% in the red after walking in the total range of 31 pips. This pair sees less than half the usual amount of funding, and the sentiment is neutral at 13% short. Both the low volatility and slow trading should limit any major shifts in funds. Pound/Yen is another Sterling pair which went down later in the session, and the total loss reached point 63% at midday. Traded volume is 29% up from the usual amount, and most traders indeed had anticipated a decline, as short positions are up by 25%. Success is very likely, and it will be increased by the high volume. And Euro/Yen shot up by 78 pips after six o’clock, which leaves it point 28% in the green at noon. Trading has been typical in terms of volume, and the sentiment is strongly bearish at 36% short. The uptrend makes losses more likely, although there have been a few opportunities for profit. You’ve been watching the Midday Snapshot for Tuesday, but our updates team will be providing you with the latest data throughout the day, so do check back.
It’s 12 o’clock this Tuesday, so it’s time for the Dukascopy Midday Snapshot. I’m Jessica Walker
Euro/Dollar had a slow start, but a subsequent rise of 70 pips left it point 41% in the green at midday. Traded volume is 27% up from the monthly average, and the sentiment is neutral, close to a balance. Bulls have been in better positions so far.
The Cable dropped by 96 pips in the second half of the session, and it was half a percent down from the opening level at noon. Trading has been extremely active, and the sentiment is neutral, although short positions prevail by 7%. Success is likely for the small majority of bears.
Dollar/Yen stood point 13% in the red after walking in the total range of 31 pips. This pair sees less than half the usual amount of funding, and the sentiment is neutral at 13% short. Both the low volatility and slow trading should limit any major shifts in funds.
Pound/Yen is another Sterling pair which went down later in the session, and the total loss reached point 63% at midday. Traded volume is 29% up from the usual amount, and most traders indeed had anticipated a decline, as short positions are up by 25%. Success is very likely, and it will be increased by the high volume.
And Euro/Yen shot up by 78 pips after six o’clock, which leaves it point 28% in the green at noon. Trading has been typical in terms of volume, and the sentiment is strongly bearish at 36% short. The uptrend makes losses more likely, although there have been a few opportunities for profit.
You’ve been watching the Midday Snapshot for Tuesday, but our updates team will be providing you with the latest data throughout the day, so do check back.
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