It’s time for the midday snapshot where we assess the performance of traders until 12pm gmt on this Tuesday. First up is the EUR/USD which has posted a drop of 52 pips to sit point 13% in the red at midday. Sentiment is neutral at 3% long and trading has been active, with 99% more than the monthly average. Some chances for Bears here. Now the cable where a drop of 71 pips sees the pair sitting point 03% in the red at midday. Sentiment is neutral at 13% long and trading has been active with 108% more than the monthly average. Bad news for bulls here as a big drop was posted after an early rise. Thirdly we have the USD/JPY which has remained relatively flat, posting just a 24 pip move to trade point 04% in the green at midday. Sentiment is bullish at 23% long and trading has been active. Some chance here if trades were executed around the time of the daily low. The penultimate pair in this report is the GBP/JPY which has gone up and down, the biggest move was a 61 pip drop, and the pair sits even at a balance at midday. Sentiment is bearish at 25% short and trading is average in terms of volume. The drop off looks like good news for traders here. Finally we turn our attention to the EUR/JPY where the biggest move posted was a drop of 44 pips to leave the pair point 10% in the red at midday. Sentiment is neutral and trading has been calm, at 20% less than the monthly average. The flat rate movement leaves little room for profit or loss here. Well, that’s all for this midday snapshot with myself Jack Everitt, thank you for watching and good luck with the rest of your trading day!!!
It’s time for the midday snapshot where we assess the performance of traders until 12pm gmt on this Tuesday.
First up is the EUR/USD which has posted a drop of 52 pips to sit point 13% in the red at midday. Sentiment is neutral at 3% long and trading has been active, with 99% more than the monthly average. Some chances for Bears here.
Now the cable where a drop of 71 pips sees the pair sitting point 03% in the red at midday. Sentiment is neutral at 13% long and trading has been active with 108% more than the monthly average. Bad news for bulls here as a big drop was posted after an early rise.
Thirdly we have the USD/JPY which has remained relatively flat, posting just a 24 pip move to trade point 04% in the green at midday. Sentiment is bullish at 23% long and trading has been active. Some chance here if trades were executed around the time of the daily low.
The penultimate pair in this report is the GBP/JPY which has gone up and down, the biggest move was a 61 pip drop, and the pair sits even at a balance at midday. Sentiment is bearish at 25% short and trading is average in terms of volume. The drop off looks like good news for traders here.
Finally we turn our attention to the EUR/JPY where the biggest move posted was a drop of 44 pips to leave the pair point 10% in the red at midday. Sentiment is neutral and trading has been calm, at 20% less than the monthly average. The flat rate movement leaves little room for profit or loss here.
Well, that’s all for this midday snapshot with myself Jack Everitt, thank you for watching and good luck with the rest of your trading day!!!
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