It’s noon GMT on this Tuesday and time for the Dukascopy Midday Snapshot. Euro/Dollar hit the daily low of 1 1777 after moving gradually lower by a total of 61 pips. Traded volume is average and neutral sentiment of the traders is at an even balance. The rate has been mostly heading lower, making profits more likely for those who had short positions. Pound/Dollar has declined by almost 100 pips and a loss of point 37% was posted at noon. The Cable sees a typical amount of funds and sentiment of the traders is neutral, 8% short. Downtrend suggests a successful morning session for those who had short positions. Dollar/Yen rose after the early decline and it puts the pair point 25% in the green at midday. Trading has been active, volume is extremely high and neutral sentiment is leaning towards the long side by 7%. Bears had some limited chances early on, but the following rise was good news for bulls. Pound/Yen has seen its trend change and only a slight loss was posted at 12 o’clock. Traded volume is average and sentiment of the traders is neutral, 12% short. A single trend hasn’t formed here and both of the sides have seen some profit opportunities. Euro/Yen rose by 49 pips, but all of the gains were given up afterwards. Traders have used 47% more than typical funds trading this pair and most of them have been driven by bullish expectations. Trading should be successful if it was done before the daily high was reached. I’m Jack Everitt and you’ve been watching the Midday Snapshot for Tuesday. Goodbye for now.
It’s noon GMT on this Tuesday and time for the Dukascopy Midday Snapshot.
Euro/Dollar hit the daily low of 1 1777 after moving gradually lower by a total of 61 pips. Traded volume is average and neutral sentiment of the traders is at an even balance. The rate has been mostly heading lower, making profits more likely for those who had short positions.
Pound/Dollar has declined by almost 100 pips and a loss of point 37% was posted at noon. The Cable sees a typical amount of funds and sentiment of the traders is neutral, 8% short. Downtrend suggests a successful morning session for those who had short positions.
Dollar/Yen rose after the early decline and it puts the pair point 25% in the green at midday. Trading has been active, volume is extremely high and neutral sentiment is leaning towards the long side by 7%. Bears had some limited chances early on, but the following rise was good news for bulls.
Pound/Yen has seen its trend change and only a slight loss was posted at 12 o’clock. Traded volume is average and sentiment of the traders is neutral, 12% short. A single trend hasn’t formed here and both of the sides have seen some profit opportunities.
Euro/Yen rose by 49 pips, but all of the gains were given up afterwards. Traders have used 47% more than typical funds trading this pair and most of them have been driven by bullish expectations. Trading should be successful if it was done before the daily high was reached.
I’m Jack Everitt and you’ve been watching the Midday Snapshot for Tuesday. Goodbye for now.
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