The morning session is over on this Thursday; let’s see how things are shaping up for the market players. Euro/Dollar has had a bearish session, and a loss of 128 pips left it point 63% in the red at noon. Traded volume is exactly in line with the monthly average, and the neutral trader’s sentiment stands at 4% short. Bearish bets should be successful, but bulls will face losses. The Cable’s daily volatility of 56 pips was posted during a decline, and the pair stood point 19% down from the opening level at midday. Trading has been somewhat slower than usual, and the sentiment of traders is neutral at 11% short. Success is likely for the small majority of traders with short positions. Dollar/Yen started moving higher after 2 AM, gaining a total of 71 pips, but a correction left it point 15% in the green after 12 hours of trading. Trading has been very active indeed, and the sentiment is neutral at 9% short. All in all, bulls have been in better positions so far. Pound/Yen was back near the opening level after walking in the total range of 55 pips. Traded volume is one third down from the monthly average, and the neutral trader’s sentiment stands at 12% short. Success really depends on timing, but it probably will be limited by the slow trading. And Euro/Yen has been trending lower for most of the session, losing a very even total of one hundred pips. The total loss reached almost half a percent at midday. Trading has been much slower than usual, which is good, as most traders had anticipated a rise. Losses are very likely, but the low volume should soften the blow. This was the Midday Snapshot with me, Jessica Walker. Check back in throughout the day for the latest updates.
The morning session is over on this Thursday; let’s see how things are shaping up for the market players.
Euro/Dollar has had a bearish session, and a loss of 128 pips left it point 63% in the red at noon. Traded volume is exactly in line with the monthly average, and the neutral trader’s sentiment stands at 4% short. Bearish bets should be successful, but bulls will face losses.
The Cable’s daily volatility of 56 pips was posted during a decline, and the pair stood point 19% down from the opening level at midday. Trading has been somewhat slower than usual, and the sentiment of traders is neutral at 11% short. Success is likely for the small majority of traders with short positions.
Dollar/Yen started moving higher after 2 AM, gaining a total of 71 pips, but a correction left it point 15% in the green after 12 hours of trading. Trading has been very active indeed, and the sentiment is neutral at 9% short. All in all, bulls have been in better positions so far.
Pound/Yen was back near the opening level after walking in the total range of 55 pips. Traded volume is one third down from the monthly average, and the neutral trader’s sentiment stands at 12% short. Success really depends on timing, but it probably will be limited by the slow trading.
And Euro/Yen has been trending lower for most of the session, losing a very even total of one hundred pips. The total loss reached almost half a percent at midday. Trading has been much slower than usual, which is good, as most traders had anticipated a rise. Losses are very likely, but the low volume should soften the blow.
This was the Midday Snapshot with me, Jessica Walker. Check back in throughout the day for the latest updates.
You can view this video and the full video archive on the Dukascopy TV page: http://www.dukascopy.com/tv/en/#219066
Смотрите Dukascopy TV на вашем языке: http://www.youtube.com/user/dukascopytvrussian
用您的语言观看杜高斯贝电视: http://www.youtube.com/user/dukascopytvchinese
Miren Dukascopy TV en su idioma: http://www.youtube.com/user/dukascopytvspanish
Schauen Sie Dukascopy TV in Ihrer Sprache: http://www.youtube.com/user/dukascopytvgerman
Regardez la Dukascopy TV dans votre langue: http://www.youtube.com/user/dukascopytvfrench
Veja a TV Dukascopy na sua língua: http://www.youtube.com/user/dukascopytvpt
Dukascopy TV is a free educational project producing daily updates on global markets, visit http://Dukascopy.com/tv for more