Morning session is over on this Tuesday, so let’s find out how the sentiment of the traders compares with the actual rate shifts. Euro/Dollar shows limited rate movement of just 44 pips, but the pair has still managed to attract an average amount of funds. Neutral sentiment of the traders is leaning towards the long side by 14%. Both sides have seen only limited profit opportunities due to the narrow price movement range. Pound/Dollar’s gradual rise was followed by a decline measuring at 75 pips. The cable sees 34% less than typical funds and neutral sentiment is leaning towards the short side by 14%. Late slide has provided profit chances for those who were in short positions. Dollar/Yen rose by 40 pips after hitting the daily low hours into the trading day. Turnover is typical and sentiment of the traders is bullish, long positions are up by 16%. Traders had their profit chances after the daily low was hit. Pound/Yen has been mostly trading sideways, high and low difference is 63 pips. Traded volume is average and most of the market players were in short positions. The generally calm rate movement makes any significant moves in funds not likely. Euro/Yen moved slowly up by a total of 39 pips and the pair sees less than half of the monthly average funds. Neutral sentiment is almost at an even balance. There were some chances for bulls, but both the passive trading approach and flat rate movement suggest no major profits or losses should be expected. I’m Kiays Khalil and you’ve been watching the Midday Snapshot for Tuesday.
Morning session is over on this Tuesday, so let’s find out how the sentiment of the traders compares with the actual rate shifts.
Euro/Dollar shows limited rate movement of just 44 pips, but the pair has still managed to attract an average amount of funds. Neutral sentiment of the traders is leaning towards the long side by 14%. Both sides have seen only limited profit opportunities due to the narrow price movement range.
Pound/Dollar’s gradual rise was followed by a decline measuring at 75 pips. The cable sees 34% less than typical funds and neutral sentiment is leaning towards the short side by 14%. Late slide has provided profit chances for those who were in short positions.
Dollar/Yen rose by 40 pips after hitting the daily low hours into the trading day. Turnover is typical and sentiment of the traders is bullish, long positions are up by 16%. Traders had their profit chances after the daily low was hit.
Pound/Yen has been mostly trading sideways, high and low difference is 63 pips. Traded volume is average and most of the market players were in short positions. The generally calm rate movement makes any significant moves in funds not likely.
Euro/Yen moved slowly up by a total of 39 pips and the pair sees less than half of the monthly average funds. Neutral sentiment is almost at an even balance. There were some chances for bulls, but both the passive trading approach and flat rate movement suggest no major profits or losses should be expected.
I’m Kiays Khalil and you’ve been watching the Midday Snapshot for Tuesday.
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