This is the Dukascopy Midday Snapshot for Monday, where we’ll take a closer look at how well the market players have worked out the rate movements. Euro/Dollar has seen its trend change and the pair was back near the opening level at noon. Traded volume is average and neutral sentiment of the traders is 5% long. Bears had their chances early on, but the following rise has provided bulls with profit opportunities as well. Pound/Dollar’s decline has been followed by a rise as well and a slight gain was posted at noon. The Cable sees 20% more than typical funds and most of those have been driven by bearish expectations. Trading should be successful if it was done during the early trading hours. Dollar/Yen has returned back near the opening level after trading in a total range of 33 pips. Traded volume is average and neutral sentiment is almost at an even balance. Success depends on the timing of the trades. Pound/Yen has mostly been trending up, but only a slight gain has been posted after a late correction. Turnover is average and most of the traders have been forecasting the pair to head higher. Gradual rise has provided traders with their profit opportunities. Euro/Yen rose after the early decline and a slight gain was recorded at 12 o’clock. Traded volume is low and most of the funds have been driven by bullish expectations. Traders had their chances after the daily low was reached. I’m Jessica Walker and that’s all for Monday’s Midday Snapshot.
This is the Dukascopy Midday Snapshot for Monday, where we’ll take a closer look at how well the market players have worked out the rate movements.
Euro/Dollar has seen its trend change and the pair was back near the opening level at noon. Traded volume is average and neutral sentiment of the traders is 5% long. Bears had their chances early on, but the following rise has provided bulls with profit opportunities as well.
Pound/Dollar’s decline has been followed by a rise as well and a slight gain was posted at noon. The Cable sees 20% more than typical funds and most of those have been driven by bearish expectations. Trading should be successful if it was done during the early trading hours.
Dollar/Yen has returned back near the opening level after trading in a total range of 33 pips. Traded volume is average and neutral sentiment is almost at an even balance. Success depends on the timing of the trades.
Pound/Yen has mostly been trending up, but only a slight gain has been posted after a late correction. Turnover is average and most of the traders have been forecasting the pair to head higher. Gradual rise has provided traders with their profit opportunities.
Euro/Yen rose after the early decline and a slight gain was recorded at 12 o’clock. Traded volume is low and most of the funds have been driven by bullish expectations. Traders had their chances after the daily low was reached.
I’m Jessica Walker and that’s all for Monday’s Midday Snapshot.
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