It’s time for the midday snapshot where we assess the performance of traders until 12pm GMT this Friday.
First up is the EUR/USD where a drop of 60 pips leaves the pair point 31% in the red at midday. Sentiment is neutral, at a balance and trading has been active with 28% more than the monthly average. Some chances for bears here.
Next is the cable where the biggest drop was 53 pips, the overall trend has been flat though and this pair stands point 27% in the red at midday. Sentiment is bearish at 15% short and trading has been active. Overall, a good day for traders here.
On to the USD/JPY where a 35 pip rise leaves the pair point 16% in the green at midday. Sentiment is neutral and traded volume is average. Slight chances for Bulls here.
The penultimate pair is the GBP/JPY where the biggest move saw a drop of 75 pips, however the pair rebounded to see it trade just point 10% in the red at midday. Sentiment is neutral and traded volume is average. The volatile movements could have provided some chances here.
Finally we look at the EUR/JPY where a 64 pip drop sees the pair trade point 15% in the red at midday. Sentiment is bullish at 29% long and trading has been calm, with 46% less than the monthly average. A bad day for traders here.
Well that’s all for this weeks last midday snapshot with myself Jack Everitt, thank you for watching and have a lovely weekend.

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