It’s time for the midday snapshot where we assess the performance of the traders until 12pm GMT on this Thursday. Euro/Dollar declined by 73 pips, but the pair rose slightly from the daily low. Traded volume is average and sentiment of the traders is neutral, both sides have been represented in similar numbers. Downward pressure has been stronger so far, making profits more likely for bears. Pound/Dollar’s gradual decline was followed by a surge, which puts the pair point 34% in the green. The Cable sees double the monthly average funds and neutral sentiment of the traders is 4% long. Bears had plenty of chances as the rate declined, but the following rise was good news for bulls. Trend has shifted for the Dollar/Yen and the pair returned back near the opening level at noon. Turnover is low and sentiment of the traders is neutral, 5% short. Both trends have lasted for hours and success depends on the timing of the trades. Pound/Yen rose sharply after hitting the daily low and a solid gain was posted out by 12 o’clock. Traded volume is average and most of the traders have been forecasting the pair to head higher. Trading should be successful if it was done after the daily low was hit. Euro/Yen recovered most of the loss after slipping a pip South of the 127 level. Traded volume is low and most of the traders have been expecting bearish rate movement. There were plenty of chances for profits as the pair declined by more than 100 pips. That’s all for this midday snapshot, thank you for watching and join us again tomorrow for this week’s final report.
It’s time for the midday snapshot where we assess the performance of the traders until 12pm GMT on this Thursday.
Euro/Dollar declined by 73 pips, but the pair rose slightly from the daily low. Traded volume is average and sentiment of the traders is neutral, both sides have been represented in similar numbers. Downward pressure has been stronger so far, making profits more likely for bears.
Pound/Dollar’s gradual decline was followed by a surge, which puts the pair point 34% in the green. The Cable sees double the monthly average funds and neutral sentiment of the traders is 4% long. Bears had plenty of chances as the rate declined, but the following rise was good news for bulls.
Trend has shifted for the Dollar/Yen and the pair returned back near the opening level at noon. Turnover is low and sentiment of the traders is neutral, 5% short. Both trends have lasted for hours and success depends on the timing of the trades.
Pound/Yen rose sharply after hitting the daily low and a solid gain was posted out by 12 o’clock. Traded volume is average and most of the traders have been forecasting the pair to head higher. Trading should be successful if it was done after the daily low was hit.
Euro/Yen recovered most of the loss after slipping a pip South of the 127 level. Traded volume is low and most of the traders have been expecting bearish rate movement. There were plenty of chances for profits as the pair declined by more than 100 pips.
That’s all for this midday snapshot, thank you for watching and join us again tomorrow for this week’s final report.
You can view this video and the full video archive on the Dukascopy TV page: http://www.dukascopy.com/tv/en/#248638
Смотрите Dukascopy TV на вашем языке: http://www.youtube.com/user/dukascopytvrussian
用您的语言观看杜高斯贝电视: http://www.youtube.com/user/dukascopytvchinese
Miren Dukascopy TV en su idioma: http://www.youtube.com/user/dukascopytvspanish
Schauen Sie Dukascopy TV in Ihrer Sprache: http://www.youtube.com/user/dukascopytvgerman
Regardez la Dukascopy TV dans votre langue: http://www.youtube.com/user/dukascopytvfrench
Veja a TV Dukascopy na sua língua: http://www.youtube.com/user/dukascopytvpt
Dukascopy TV is a free educational project producing daily updates on global markets, visit http://Dukascopy.com/tv for more