It’s 12 PM GMT on this Wednesday, and it’s time for the Dukascopy Midday Snapshot. Euro/dollar has had a slow session – the pair has been hovering slightly above the 1 23 level in a total range of 37 pips, attracting 30% less than typical funds. Neutral sentiment of the traders is 3% short. Rate movement and trading both have been calmer than usual, so no significant moves in funds are likely. Pound/Dollar has dropped by more than 100 pips to hit the daily low just pips above the 1 39 level. Trading has been typical in terms of volume and neutral sentiment is 4% long. Steep slide suggests a successful morning session for those who had short positions. Dollar/Yen surged during the early trading hours, but a following decline has wiped out all of the gains. Turnover is low and most of the traders have been expecting the pair to head higher. Traders had their profit opportunities as the pair rose by a total of 62 pips shortly after midnight. Pound/Yen took a sharp slide and it has resulted in a loss of point 42%. Traded volume is average and neutral sentiment of the traders is 7% short. Steep decline has provided solid profit opportunities for bears. Euro/Yen rose early on, but all of the gains were since given up. Trading has been active, volume is high and most of the traders have been forecasting the pair to head higher. Traders had their profit chances before the daily high was reached. I’m Kiays Khalil and this is how traders have performed by noon GMT on this Wednesday.
It’s 12 PM GMT on this Wednesday, and it’s time for the Dukascopy Midday Snapshot.
Euro/dollar has had a slow session – the pair has been hovering slightly above the 1 23 level in a total range of 37 pips, attracting 30% less than typical funds. Neutral sentiment of the traders is 3% short. Rate movement and trading both have been calmer than usual, so no significant moves in funds are likely.
Pound/Dollar has dropped by more than 100 pips to hit the daily low just pips above the 1 39 level. Trading has been typical in terms of volume and neutral sentiment is 4% long. Steep slide suggests a successful morning session for those who had short positions.
Dollar/Yen surged during the early trading hours, but a following decline has wiped out all of the gains. Turnover is low and most of the traders have been expecting the pair to head higher. Traders had their profit opportunities as the pair rose by a total of 62 pips shortly after midnight.
Pound/Yen took a sharp slide and it has resulted in a loss of point 42%. Traded volume is average and neutral sentiment of the traders is 7% short. Steep decline has provided solid profit opportunities for bears.
Euro/Yen rose early on, but all of the gains were since given up. Trading has been active, volume is high and most of the traders have been forecasting the pair to head higher. Traders had their profit chances before the daily high was reached.
I’m Kiays Khalil and this is how traders have performed by noon GMT on this Wednesday.
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