Find out how market players have managed to work out the rate shifts during the morning session on Thursday by watching this edition of Midday Snapshot. I`m Sinead MacLaughlin. Euro/Dollar’s trend has been changing and the pair was point 38% up from the opening level at noon. Traded volume is 49% up from the pair’s monthly average and the neutral sentiment is just 5% short. Both sides have seen their profit opportunities as a single trend hasn’t formed. Pound/Dollar has walked in a total range of 59 pips and it was point 17% in the green at midday as it rose from the daily low. The Cable sees 21% more than typical funds and the neutral sentiment is 4% short. Success depends on the timing of the trades as both sides have had their chances. Dollar/Yen has been trending South and a loss of point 35% was posted at 12 o’clock. Turnover is 27% up from the pair’s usual and most of the traders have been forecasting the rate to head higher. Downtrend has brought serious risks for market players. Pound/Yen has been mostly moving lower and it was point 18% in the red at noon as it rose from the daily low. Traded volume is average and most of the traders have been bullish in their expectations. Gradual downtrend makes losses more likely for investors. Euro/Yen was back near the opening level at midday after walking in a total range of 85 pips. Trading has been passive, volume is extremely low and the neutral sentiment of the traders is 11% short. Changing trend has provided both sides with profit opportunities, but moves in funds should be limited by the passive trading. This concludes Thursday’s Midday Snapshot. We`ll be updating these stats on an hourly basis, so do stay tuned.
Find out how market players have managed to work out the rate shifts during the morning session on Thursday by watching this edition of Midday Snapshot. I`m Sinead MacLaughlin.
Euro/Dollar’s trend has been changing and the pair was point 38% up from the opening level at noon. Traded volume is 49% up from the pair’s monthly average and the neutral sentiment is just 5% short. Both sides have seen their profit opportunities as a single trend hasn’t formed.
Pound/Dollar has walked in a total range of 59 pips and it was point 17% in the green at midday as it rose from the daily low. The Cable sees 21% more than typical funds and the neutral sentiment is 4% short. Success depends on the timing of the trades as both sides have had their chances.
Dollar/Yen has been trending South and a loss of point 35% was posted at 12 o’clock. Turnover is 27% up from the pair’s usual and most of the traders have been forecasting the rate to head higher. Downtrend has brought serious risks for market players.
Pound/Yen has been mostly moving lower and it was point 18% in the red at noon as it rose from the daily low. Traded volume is average and most of the traders have been bullish in their expectations. Gradual downtrend makes losses more likely for investors.
Euro/Yen was back near the opening level at midday after walking in a total range of 85 pips. Trading has been passive, volume is extremely low and the neutral sentiment of the traders is 11% short. Changing trend has provided both sides with profit opportunities, but moves in funds should be limited by the passive trading.
This concludes Thursday’s Midday Snapshot. We`ll be updating these stats on an hourly basis, so do stay tuned.
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