This is the Dukascopy Midday Snapshot with a look at how market players have fared over the 12 hours to midday on this Tuesday. Euro/Dollar turned South hours into the session and the pair was point 33% in the red at noon. Turnover is average and neutral sentiment of the traders is 7% long. Late decline makes a successful morning session more likely for bears. Pound/Dollar’s gradual increase was followed by a decline, which wiped out all of the gains. The Cable sees a typical amount of funds and most of them have been driven by bearish expectations. Trading should be successful if it was done after the daily high was reached. Dollar/Yen has been trending higher and a gain of point 47% was posted at midday. Traded volume is average and neutral sentiment is 4% short. Uptrend suggests a successful morning session for those who had long positions. Pound/Yen gained more than 100 pips, but some of the gains were given up. Traded volume is high and most of the traders have been forecasting the pair to head lower. Gradual rise has brought risks for investors. Euro/Yen rose sharply, but most of the gains were given up right away. Traded volume is average and sentiment of the traders is strongly bearish, short positions are in the lead by 35%. Traders had some chances after the daily high was reached. I’m Jack Everitt and that wraps up the Midday Snapshot for Tuesday.
This is the Dukascopy Midday Snapshot with a look at how market players have fared over the 12 hours to midday on this Tuesday.
Euro/Dollar turned South hours into the session and the pair was point 33% in the red at noon. Turnover is average and neutral sentiment of the traders is 7% long. Late decline makes a successful morning session more likely for bears.
Pound/Dollar’s gradual increase was followed by a decline, which wiped out all of the gains. The Cable sees a typical amount of funds and most of them have been driven by bearish expectations. Trading should be successful if it was done after the daily high was reached.
Dollar/Yen has been trending higher and a gain of point 47% was posted at midday. Traded volume is average and neutral sentiment is 4% short. Uptrend suggests a successful morning session for those who had long positions.
Pound/Yen gained more than 100 pips, but some of the gains were given up. Traded volume is high and most of the traders have been forecasting the pair to head lower. Gradual rise has brought risks for investors.
Euro/Yen rose sharply, but most of the gains were given up right away. Traded volume is average and sentiment of the traders is strongly bearish, short positions are in the lead by 35%. Traders had some chances after the daily high was reached.
I’m Jack Everitt and that wraps up the Midday Snapshot for Tuesday.
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