It`s time for the Dukascopy Midday Snapshot, where we`ll see how traders have managed to work out the rate movements during the morning session on this Thursday. Euro/Dollar hit the low of 1 1768 shortly after 8 AM, but a following rise puts the pair point 34% in the green. Turnover is low and sentiment of the traders is neutral, short positions are up by 2%. Decline provided bears with their chances, but the following rise was good news for bulls. Pound/Dollar moved South by 100 pips, but some of the loss was recovered after the daily low was hit. The Cable sees a typical amount of funds and neutral sentiment is just 3% short. Trading should be successful for bears if it was done before the daily low was reached. Dollar/Yen has declined sharply and the pair was point 46% in the red at 12 o’clock. Turnover is high and neutral sentiment of the market players is just 1% long. Drop has provided bears with solid profit opportunities. Pound/Yen has moved steeply South and a loss of point 72% has been posted. Traded volume is average and sentiment is neutral, short positions are up by just 5%. Slide puts bearish market players in better positions here as well. Euro/Yen’s decline was followed by a rise, which has wiped out most of the loss. Traders have used 30% more than typical funds trading this pair and sentiment of the traders is neutral, 6% short. Both sides have had their chances as the rate rose after hitting the daily low. I’m Jack Everitt and that’s it for the 12 o`clock report. Goodbye for now.
It`s time for the Dukascopy Midday Snapshot, where we`ll see how traders have managed to work out the rate movements during the morning session on this Thursday.
Euro/Dollar hit the low of 1 1768 shortly after 8 AM, but a following rise puts the pair point 34% in the green. Turnover is low and sentiment of the traders is neutral, short positions are up by 2%. Decline provided bears with their chances, but the following rise was good news for bulls.
Pound/Dollar moved South by 100 pips, but some of the loss was recovered after the daily low was hit. The Cable sees a typical amount of funds and neutral sentiment is just 3% short. Trading should be successful for bears if it was done before the daily low was reached.
Dollar/Yen has declined sharply and the pair was point 46% in the red at 12 o’clock. Turnover is high and neutral sentiment of the market players is just 1% long. Drop has provided bears with solid profit opportunities.
Pound/Yen has moved steeply South and a loss of point 72% has been posted. Traded volume is average and sentiment is neutral, short positions are up by just 5%. Slide puts bearish market players in better positions here as well.
Euro/Yen’s decline was followed by a rise, which has wiped out most of the loss. Traders have used 30% more than typical funds trading this pair and sentiment of the traders is neutral, 6% short. Both sides have had their chances as the rate rose after hitting the daily low.
I’m Jack Everitt and that’s it for the 12 o`clock report. Goodbye for now.
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