12 hours of trading have gone by on this Wednesday, meaning it`s time for the Dukascopy Midday Snapshot. Euro/Dollar shows limited rate movement range of 29 pips, but the pair has attracted an average amount of funds. Neutral sentiment of the traders is 2% short. The narrow price movement range suggests no significant moves in funds are likely. Pound/Dollar has walked in a total range of just 37 pips, but traded volume is high. Most of the traders have been forecasting the pair to head higher. Rate movement has been generally flat, so both profits and losses should be minimal. Dollar/Yen has been on a rise and it has resulted in a gain of point 13%. Turnover is low and sentiment of the traders is neutral, but short positions are up by 11%. Gradual uptrend makes a successful morning session more likely for those who had long positions. Pound/Yen rose by 62 pips, but some of the gains were given up afterwards. Traded volume is extremely low and sentiment of the traders is neutral, 2% long. Rise was followed by a decline, providing both sides with their chances, but the calm trading approach is the limiting factor. Euro/Yen has been trending up and rise puts the pair point 13% in the green. Turnover is high and most of the market players have been forecasting the par to head South. It has been on a rise, bringing risks for investors. I’m Jack Everitt and this is how traders have performed so far on Wednesday.
12 hours of trading have gone by on this Wednesday, meaning it`s time for the Dukascopy Midday Snapshot.
Euro/Dollar shows limited rate movement range of 29 pips, but the pair has attracted an average amount of funds. Neutral sentiment of the traders is 2% short. The narrow price movement range suggests no significant moves in funds are likely.
Pound/Dollar has walked in a total range of just 37 pips, but traded volume is high. Most of the traders have been forecasting the pair to head higher. Rate movement has been generally flat, so both profits and losses should be minimal.
Dollar/Yen has been on a rise and it has resulted in a gain of point 13%. Turnover is low and sentiment of the traders is neutral, but short positions are up by 11%. Gradual uptrend makes a successful morning session more likely for those who had long positions.
Pound/Yen rose by 62 pips, but some of the gains were given up afterwards. Traded volume is extremely low and sentiment of the traders is neutral, 2% long. Rise was followed by a decline, providing both sides with their chances, but the calm trading approach is the limiting factor.
Euro/Yen has been trending up and rise puts the pair point 13% in the green. Turnover is high and most of the market players have been forecasting the par to head South. It has been on a rise, bringing risks for investors.
I’m Jack Everitt and this is how traders have performed so far on Wednesday.
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