Hello. It`s the Midday Snapshot for Tuesday, 21st of October brought to you by the Dukascopy Forex News Team and me Ben Jones. Euro/Dollar was climbing higher for more than 7 hours, but a following slide took it point 11 % in the red at noon. Traded volume is average and the sentiment is neutral, just 3% long. Bulls had plenty of chances during the uptrend, but the following slide was good news for traders with short positions. Pound/Dollar has had a relatively calm day, trading in a total range of 43 pips and attracting less than half of the monthly average funds. Sentiment of the traders is neutral, 4% short. Both the slow trading and flat rate movement suggest no major moves in funds are likely. Dollar/Yen moved sharply South to hit the low of 106 25, but a following rise cancelled out all of the loss. This pair has been traded actively, volume is a massive 190% up from the pair’s typical and the sentiment is neutral, 10% short. Both trends have lasted for hours, providing bulls as well as bears with plenty of chances in the intraday trading. Pound/Yen’s trend has shifted as well and the pair was slightly in the red at midday after walking in a total range of 97 pips. Turnover is 64% up from the monthly average and the sentiment is bullish, 15% long. Traders had their opportunities after the daily low was reached. Euro/Yen has seen its trend shift numerous times and it was point 22% in the negative territory at 12 o`clock. Market players have traded with 80% more than usual funds and the sentiment is neutral, 1% short. Success depends on the timing of the trades as a single trend hasn’t formed. So that`s it for Tuesday`s Midday Snapshot. Click back for the hourly updates to keep track of the latest trader performance changes throughout the day.
Hello. It`s the Midday Snapshot for Tuesday, 21st of October brought to you by the Dukascopy Forex News Team and me Ben Jones.
Euro/Dollar was climbing higher for more than 7 hours, but a following slide took it point 11 % in the red at noon. Traded volume is average and the sentiment is neutral, just 3% long. Bulls had plenty of chances during the uptrend, but the following slide was good news for traders with short positions.
Pound/Dollar has had a relatively calm day, trading in a total range of 43 pips and attracting less than half of the monthly average funds. Sentiment of the traders is neutral, 4% short. Both the slow trading and flat rate movement suggest no major moves in funds are likely.
Dollar/Yen moved sharply South to hit the low of 106 25, but a following rise cancelled out all of the loss. This pair has been traded actively, volume is a massive 190% up from the pair’s typical and the sentiment is neutral, 10% short. Both trends have lasted for hours, providing bulls as well as bears with plenty of chances in the intraday trading.
Pound/Yen’s trend has shifted as well and the pair was slightly in the red at midday after walking in a total range of 97 pips. Turnover is 64% up from the monthly average and the sentiment is bullish, 15% long. Traders had their opportunities after the daily low was reached.
Euro/Yen has seen its trend shift numerous times and it was point 22% in the negative territory at 12 o`clock. Market players have traded with 80% more than usual funds and the sentiment is neutral, 1% short. Success depends on the timing of the trades as a single trend hasn’t formed.
So that`s it for Tuesday`s Midday Snapshot. Click back for the hourly updates to keep track of the latest trader performance changes throughout the day.
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