Morning session is over on this week’s last trading day and it’s time for the Dukascopy Midday Snapshot where we`ll see how it has been shaping up for the currency traders. Euro/Dollar has mostly been trading sideways and the pair sees 20% less than typical funds. Neutral sentiment of the market players is 7% short. Both the slow trading and narrow price movement range are limiting factors. Pound/Dollar shows similar picture –volatility measures at 40 pips and traded volume is low. Most of the traders have been forecasting the pair to head higher, but the passive trading along with the flat rate movement are indicating no significant profits or losses are likely. Dollar/Yen’s session has been calm as well – high and low difference is 18 pips and the pair sees less than half of the monthly average funds. Sentiment of the traders is neutral, 9% short. Trading has been slow and rate movement range narrow, so there haven’t been a lot of profit opportunities. Pound/Yen has traded in a total range of just 46 pips, but the pair sees an average amount of funds. Most of those have been driven by bullish expectations. There have been only limited profit chances due to the flat rate movement. Euro/Yen’s session has been slow as well – volatility is 60 pips, but this pair has attracted an average amount of funds. Most of the traders have been forecasting the pair to head lower. The narrow price movement range is the limiting factor for investors. I’m __________ and this wraps up the Midday Snapshot for Friday.
Morning session is over on this week’s last trading day and it’s time for the Dukascopy Midday Snapshot where we`ll see how it has been shaping up for the currency traders.
Euro/Dollar has mostly been trading sideways and the pair sees 20% less than typical funds. Neutral sentiment of the market players is 7% short. Both the slow trading and narrow price movement range are limiting factors.
Pound/Dollar shows similar picture –volatility measures at 40 pips and traded volume is low. Most of the traders have been forecasting the pair to head higher, but the passive trading along with the flat rate movement are indicating no significant profits or losses are likely.
Dollar/Yen’s session has been calm as well – high and low difference is 18 pips and the pair sees less than half of the monthly average funds. Sentiment of the traders is neutral, 9% short. Trading has been slow and rate movement range narrow, so there haven’t been a lot of profit opportunities.
Pound/Yen has traded in a total range of just 46 pips, but the pair sees an average amount of funds. Most of those have been driven by bullish expectations. There have been only limited profit chances due to the flat rate movement.
Euro/Yen’s session has been slow as well – volatility is 60 pips, but this pair has attracted an average amount of funds. Most of the traders have been forecasting the pair to head lower. The narrow price movement range is the limiting factor for investors.
I’m __________ and this wraps up the Midday Snapshot for Friday.
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