We’re halfway through this week’s first trading day, so let’s see how things have been shaping up for the market traders. I’m Imogen Comrie with the Midday Snapshot. Euro/Dollar was bearish for most of the session, and the total loss reached point 25% at noon. Traded volume is in line with the monthly average, and the sentiment is neutral at 10% long. Bears have had good opportunities for profit, although bulls saw some chances earlier in the day. The Cable’s daily high and low difference of 118 pips was recorded as the pair went down, and it stood point 15% in the red at midday. This pair sees 31% less than the usual amount of funding, and the sentiment is bullish at 23% long. Profits are possible if positions were closed before the decline. Dollar/Yen went down earlier in the session, losing 144 pips, but it recovered some ground afterwards. The pair was point 47% down from the opening level at 12 o’clock. Trading has been average in terms of volume, and the sentiment is bearish at 15%. Success depends on timing, but profits are more likely for bears. Pound/Yen moved South for most of the day, losing a notable 202 pips in the process, and it stood point 62% in the red at midday. Trading has been slow, and the sentiment is neutral at 9% short. The small majority of bears had good chances for profits, but a bolder approach would have increased them. And Euro/Yen is another Yen pair which has had a bearish morning session as the pair was point 72% down from the opening level after 12 hours of trading. Traders have conducted their trades with 27% less funding than usual, and the sentiment is neutral at 5% long. The slow trading suggests that any profits or losses will be limited. That concludes Monday’s Midday Snapshot, but these stats are updated throughout the day, so stay with us.
We’re halfway through this week’s first trading day, so let’s see how things have been shaping up for the market traders. I’m Imogen Comrie with the Midday Snapshot.
Euro/Dollar was bearish for most of the session, and the total loss reached point 25% at noon. Traded volume is in line with the monthly average, and the sentiment is neutral at 10% long. Bears have had good opportunities for profit, although bulls saw some chances earlier in the day.
The Cable’s daily high and low difference of 118 pips was recorded as the pair went down, and it stood point 15% in the red at midday. This pair sees 31% less than the usual amount of funding, and the sentiment is bullish at 23% long. Profits are possible if positions were closed before the decline.
Dollar/Yen went down earlier in the session, losing 144 pips, but it recovered some ground afterwards. The pair was point 47% down from the opening level at 12 o’clock. Trading has been average in terms of volume, and the sentiment is bearish at 15%. Success depends on timing, but profits are more likely for bears.
Pound/Yen moved South for most of the day, losing a notable 202 pips in the process, and it stood point 62% in the red at midday. Trading has been slow, and the sentiment is neutral at 9% short. The small majority of bears had good chances for profits, but a bolder approach would have increased them.
And Euro/Yen is another Yen pair which has had a bearish morning session as the pair was point 72% down from the opening level after 12 hours of trading. Traders have conducted their trades with 27% less funding than usual, and the sentiment is neutral at 5% long. The slow trading suggests that any profits or losses will be limited.
That concludes Monday’s Midday Snapshot, but these stats are updated throughout the day, so stay with us.
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