The morning session is over on this Tuesday, so let’s see how things are shaping up for the market players. Euro/Dollar moved gradually lower, but most of the loss was wiped out by a following rise. Traded volume is average and neutral sentiment of the traders is 9% long. Both sides have had their profit entry points as the trend has changed. Pound/Dollar has been trending South and the pair stood point 37% in the red at noon. Turnover is high and neutral sentiment is just 3% short. Gradual downtrend suggests a successful morning session for those who were in short positions. Dollar/Yen declined sharply after 7 AM and a loss of point 44% has been posted. Trading has been active, volume is a massive 170% up from the monthly average and neutral sentiment is just 2% short. Late slide was good news for bearish market players. Pound/Yen took a steep slide hours into the session as well and it has resulted in a loss of point 8%. Traded volume is extremely high and neutral sentiment is 10% long. Sharp decline has provided solid profit opportunities for those who had short positions. Euro/Yen dropped by more than 100 pips after the daily high was reached to trade point 6% in the red at midday. Turnover is high and most of the funds have been driven by bearish expectations. Slide makes a successful morning session very much likely. I’m Jessica Walker and this was the Midday Snapshot for Tuesday.
The morning session is over on this Tuesday, so let’s see how things are shaping up for the market players.
Euro/Dollar moved gradually lower, but most of the loss was wiped out by a following rise. Traded volume is average and neutral sentiment of the traders is 9% long. Both sides have had their profit entry points as the trend has changed.
Pound/Dollar has been trending South and the pair stood point 37% in the red at noon. Turnover is high and neutral sentiment is just 3% short. Gradual downtrend suggests a successful morning session for those who were in short positions.
Dollar/Yen declined sharply after 7 AM and a loss of point 44% has been posted. Trading has been active, volume is a massive 170% up from the monthly average and neutral sentiment is just 2% short. Late slide was good news for bearish market players.
Pound/Yen took a steep slide hours into the session as well and it has resulted in a loss of point 8%. Traded volume is extremely high and neutral sentiment is 10% long. Sharp decline has provided solid profit opportunities for those who had short positions.
Euro/Yen dropped by more than 100 pips after the daily high was reached to trade point 6% in the red at midday. Turnover is high and most of the funds have been driven by bearish expectations. Slide makes a successful morning session very much likely.
I’m Jessica Walker and this was the Midday Snapshot for Tuesday.
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