18.09.2014 – Midday Snapshot by Dukascopy
September 18, 2014 12:53 pmVideo
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Hello. You’re watching the Midday Snapshot brought to you by the Dukascopy Forex TV Team. I’m Doireann McDermott and here’s a look at how traders have been performing over the morning session.
Euro/Dollar rose by a total of 59 pips and it was point 22% in the green at noon after declining slightly from the daily high. Turnover is 36% up from the monthly average and the sentiment is bearish, 15% short. There have been plenty of risks for traders and only a limited amount of chances were there during the late decline.
Pound/Dollar’s day has been bullish and a gain of point 43% was recorded at midday. The Cable sees 24% less than usual funds and the sentiment is strongly bullish, long positions dominate by 51%. The rate did go per the bullish forecasts and only the slow trading limits profits for investors.
Upward pressure has been stronger for the Dollar/yen and a gain of point 21% was posted at 12 o`clock. Trading has been typical in terms of volume and the sentiment is bullish, 15% long. There have been plenty of chances for traders during the uptrend.
Pound/Yen has been moving sharply North and it stood point 65% in the green after 12 hours of trading. Turnover is just 17% short of the monthly average and the sentiment is strongly bullish. Steep rise suggests a successful morning session for investors.
Euro/Yen has been on a rise and the pair was point 42% in the positive territory at noon. Market players have traded with 27% more than usual funds and the sentiment is neutral, 2% short. The bullish rate movement suggests profits are more likely for traders with long positions.
This was the Midday Snapshot for Thursday. Stay tuned throughout the day for the hourly updates of these stats.
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