It`s noon GMT on this Tuesday and time for the Dukascopy Midday Snapshot. Euro/Dollar has been trending slowly up and rise puts the pair point 22% in the green. Traded volume is extremely low and most of the market players have been forecasting the pair to head lower. Gradual rise makes losses more likely, but they should be cushioned by the slow trading. Pound/Dollar was back near the opening level at noon after walking in a total range of 49 pips. The Cable sees a typical amount of funds and most of them have been driven by bearish expectations. There have been both chances and risks as a single trend hasn’t formed. Dollar/Yen’s day has been slow – high and low difference is just 16 pips and traded volume is extremely low. Sentiment of the market players is neutral, 7% long. Trading has been passive and rate movement flat, so no major moves in funds are likely. Pound/Yen was back near the opening level after walking in a total range of 47 pips. This pair sees 40% less than typical funds and most of the traders have been forecasting the pair to head lower. There have been some chances and risks, but the slow trading is the limiting factor. Euro/Yen has been on a rise and it has resulted in a gain of point 23%. Traded volume is extremely low and neutral sentiment is close to an even balance. Uptrend makes a successful morning session more likely for bulls. I’m Kiays Khalil and you`ve been watching the Midday Snapshot for Tuesday. Goodbye for now.
It`s noon GMT on this Tuesday and time for the Dukascopy Midday Snapshot.
Euro/Dollar has been trending slowly up and rise puts the pair point 22% in the green. Traded volume is extremely low and most of the market players have been forecasting the pair to head lower. Gradual rise makes losses more likely, but they should be cushioned by the slow trading.
Pound/Dollar was back near the opening level at noon after walking in a total range of 49 pips. The Cable sees a typical amount of funds and most of them have been driven by bearish expectations. There have been both chances and risks as a single trend hasn’t formed.
Dollar/Yen’s day has been slow – high and low difference is just 16 pips and traded volume is extremely low. Sentiment of the market players is neutral, 7% long. Trading has been passive and rate movement flat, so no major moves in funds are likely.
Pound/Yen was back near the opening level after walking in a total range of 47 pips. This pair sees 40% less than typical funds and most of the traders have been forecasting the pair to head lower. There have been some chances and risks, but the slow trading is the limiting factor.
Euro/Yen has been on a rise and it has resulted in a gain of point 23%. Traded volume is extremely low and neutral sentiment is close to an even balance. Uptrend makes a successful morning session more likely for bulls.
I’m Kiays Khalil and you`ve been watching the Midday Snapshot for Tuesday. Goodbye for now.
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