Japanese Yen has seen some strength today, so let’s see if it’s in line with the anticipations of market players. Euro/Dollar hit the daily high of 1 2389 shortly before 8 o’clock and the pair since declined by 81 pips. Traded volume is average and sentiment of the traders is neutral, almost at an even balance. Bears had their profit opportunities hours into the session as the pair declined. Pound/Dollar shows limited rate movement range, but the pair has attracted 40% more than typical funds. Most of the traders have been forecasting the pair to head higher, sentiment is 18% long. No significant profits or losses are likely due to the narrow price movement range. Dollar/Yen moved sharply lower in a couple of waves and a loss of point 29% has been posted. Traded volume is average and sentiment of the traders is neutral, 4% short. A couple of slides suggest a successful start of the day for those who were short. Pound/Yen has declined as well and the pair was point 21% in the red at midday. This pair sees just half of the monthly average funds and neutral sentiment is at an even balance. Bears have been in better positions, but the slow trading is the limiting factor. Euro/Yen dropped by more than 100 pips and a loss of point 47% has been recorded. Turnover is low and sentiment of the traders is neutral, 9% short. Slide has provided solid profit opportunities for those who were in short positions. I’m Kiays Khalil and this was the Dukascopy Midday Snapshot for Thursday. Goodbye for now.
Japanese Yen has seen some strength today, so let’s see if it’s in line with the anticipations of market players.
Euro/Dollar hit the daily high of 1 2389 shortly before 8 o’clock and the pair since declined by 81 pips. Traded volume is average and sentiment of the traders is neutral, almost at an even balance. Bears had their profit opportunities hours into the session as the pair declined.
Pound/Dollar shows limited rate movement range, but the pair has attracted 40% more than typical funds. Most of the traders have been forecasting the pair to head higher, sentiment is 18% long. No significant profits or losses are likely due to the narrow price movement range.
Dollar/Yen moved sharply lower in a couple of waves and a loss of point 29% has been posted. Traded volume is average and sentiment of the traders is neutral, 4% short. A couple of slides suggest a successful start of the day for those who were short.
Pound/Yen has declined as well and the pair was point 21% in the red at midday. This pair sees just half of the monthly average funds and neutral sentiment is at an even balance. Bears have been in better positions, but the slow trading is the limiting factor.
Euro/Yen dropped by more than 100 pips and a loss of point 47% has been recorded. Turnover is low and sentiment of the traders is neutral, 9% short. Slide has provided solid profit opportunities for those who were in short positions.
I’m Kiays Khalil and this was the Dukascopy Midday Snapshot for Thursday. Goodbye for now.
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