Find out how trading has been shaping up for the currency traders during the morning session on this Thursday by watching the Dukascopy Midday Snapshot. I`m Ben Jones. Euro/Dollar has seen some sharp rate shifts, walking in a total range of 72 pips and it was back near the opening level at 12 o`clock. Traded volume is average and the sentiment is neutral, 4% short. Rate has moved sharply in both directions, providing bulls and bears with their profit chances. The Cable has had relatively slow day – volatility is 56 pips and traded volume is 30% short of the monthly average. Sentiment is neutral, long positions are in the lead by 7%. Rate movement has been generally calm and traded volume low, so no major profits or losses are likely. Dollar/Yen rose sharply to the high of 118 98, but all of the gain was lost in the following slide. Trading has been active, volume is 125% up from the monthly average and the sentiment is neural, 8% long. There were plenty of profit chances for bulls up to approximately 7 o`clock, but the following drop was good news for bears. Pound/Yen has seen its trend shift as well and the pair was only slightly in the green at 12 o`clock. Market players have traded with 34% more than average funds and the sentiment is neutral, at a balance. Success depends on the timing of the trades as both trends have lasted for hours. Euro/Yen’s steep rise was followed by a reversal as well and the pair was back near the opening level at noon. Traded volume is average and the sentiment is neutral, 2% short. Once again, both of the close to equal sides have had their chances and risks as the trend has changed. This brings Thursday’s Midday Snapshot to an end. We`ll be updating these stats every hour, so stay tuned.
Find out how trading has been shaping up for the currency traders during the morning session on this Thursday by watching the Dukascopy Midday Snapshot. I`m Ben Jones.
Euro/Dollar has seen some sharp rate shifts, walking in a total range of 72 pips and it was back near the opening level at 12 o`clock. Traded volume is average and the sentiment is neutral, 4% short. Rate has moved sharply in both directions, providing bulls and bears with their profit chances.
The Cable has had relatively slow day – volatility is 56 pips and traded volume is 30% short of the monthly average. Sentiment is neutral, long positions are in the lead by 7%. Rate movement has been generally calm and traded volume low, so no major profits or losses are likely.
Dollar/Yen rose sharply to the high of 118 98, but all of the gain was lost in the following slide. Trading has been active, volume is 125% up from the monthly average and the sentiment is neural, 8% long. There were plenty of profit chances for bulls up to approximately 7 o`clock, but the following drop was good news for bears.
Pound/Yen has seen its trend shift as well and the pair was only slightly in the green at 12 o`clock. Market players have traded with 34% more than average funds and the sentiment is neutral, at a balance. Success depends on the timing of the trades as both trends have lasted for hours.
Euro/Yen’s steep rise was followed by a reversal as well and the pair was back near the opening level at noon. Traded volume is average and the sentiment is neutral, 2% short. Once again, both of the close to equal sides have had their chances and risks as the trend has changed.
This brings Thursday’s Midday Snapshot to an end. We`ll be updating these stats every hour, so stay tuned.
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