We’re halfway through this week’s last trading day, so let’s take a closer look at the rate movements and market activity. I’m Monica Gibson with the Midday Snapshot. Euro/Dollar has been moving in waves, but the last wave was up, and it stood point 34% in the green at noon. Trading has been active, and sentiment is bullish at 20% long. Success is quire likely, but timing does play an important role. Pound/Dollar’s initial rise was followed by a drop of 56 pips, which brought point 11% down from the opening level at 12 o’clock. Traded volume is about one-third down from the monthly average, and sentiment is strongly bullish at 52% long. Success is possible if positions were closed before the slide. The last 12 hours have been rather bearish for Dollar/Yen, as the pair lost 103 pips and stood point 57% in the red at midday. Trading has been extremely active at more than twice the usual amount, and sentiment is neutral, although short positions are up by 14%. Profits are quite likely for the small majority of bears. Pound/Yen has been trending South, losing 168 pips, and the total loss reached point 68% at noon. Traded volume is 35% up from the monthly average, and sentiment is neutral at 13% short. Once again, going long on Yen has proved to be the winning strategy today. Euro/Yen’s daily volatility of 67 pips was posted during a decline, and, although the pair did regain some ground, it still stood point 24% in the red at midday. Trading has been slow, and sentiment is strongly bullish at 36% long. The downtrend makes losses more likely. That’s all for Friday’s Midday Snapshot, but these stats are updated for the rest of the day, so check back.
We’re halfway through this week’s last trading day, so let’s take a closer look at the rate movements and market activity. I’m Monica Gibson with the Midday Snapshot.
Euro/Dollar has been moving in waves, but the last wave was up, and it stood point 34% in the green at noon. Trading has been active, and sentiment is bullish at 20% long. Success is quire likely, but timing does play an important role.
Pound/Dollar’s initial rise was followed by a drop of 56 pips, which brought point 11% down from the opening level at 12 o’clock. Traded volume is about one-third down from the monthly average, and sentiment is strongly bullish at 52% long. Success is possible if positions were closed before the slide.
The last 12 hours have been rather bearish for Dollar/Yen, as the pair lost 103 pips and stood point 57% in the red at midday. Trading has been extremely active at more than twice the usual amount, and sentiment is neutral, although short positions are up by 14%. Profits are quite likely for the small majority of bears.
Pound/Yen has been trending South, losing 168 pips, and the total loss reached point 68% at noon. Traded volume is 35% up from the monthly average, and sentiment is neutral at 13% short. Once again, going long on Yen has proved to be the winning strategy today.
Euro/Yen’s daily volatility of 67 pips was posted during a decline, and, although the pair did regain some ground, it still stood point 24% in the red at midday. Trading has been slow, and sentiment is strongly bullish at 36% long. The downtrend makes losses more likely.
That’s all for Friday’s Midday Snapshot, but these stats are updated for the rest of the day, so check back.
You can view this video and the full video archive on the Dukascopy TV page: http://www.dukascopy.com/tv/en/#163138
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