It’s noon GMT on this week’s last trading day, so let’s see how traders have managed to work out the rate movements. Euro/Dollar declined by 52 pips, but most of the loss was recovered in a following rise. Traded volume is average and neutral sentiment is 3% long. Bears had their chances early on, but the change in trend was good news for bulls. Pound/Dollar had a slow start of the day, but the pair spiked by 91 pips as midday approached. The Cable sees 35% less than typical funds and most of the traders have been forecasting the pair to head higher. It moved sharply in both directions and success depends on the timing of the trades. Dollar/Yen was back near the opening level at noon after walking in a total range of 40 pips. Turnover is average and sentiment of the traders is bullish, 18% long. Trading should be successful if it was done before the daily high was reached. Pound/Yen spiked hours into the session to trade back near the opening level at 12 o’clock. Traded volume is low and sentiment of the traders is bullish at 20% long. Traders have seen both chances and risks as a single trend didn’t form. Euro/Yen has been trending slowly South and a loss of point 19% has been posted. Traded volume is average and most of the funds have been driven by bearish expectations. Gradual decline makes profits very much likely for investors. I’m Jessica Walker and this is how market players have performed during the morning session on Friday.
It’s noon GMT on this week’s last trading day, so let’s see how traders have managed to work out the rate movements.
Euro/Dollar declined by 52 pips, but most of the loss was recovered in a following rise. Traded volume is average and neutral sentiment is 3% long. Bears had their chances early on, but the change in trend was good news for bulls.
Pound/Dollar had a slow start of the day, but the pair spiked by 91 pips as midday approached. The Cable sees 35% less than typical funds and most of the traders have been forecasting the pair to head higher. It moved sharply in both directions and success depends on the timing of the trades.
Dollar/Yen was back near the opening level at noon after walking in a total range of 40 pips. Turnover is average and sentiment of the traders is bullish, 18% long. Trading should be successful if it was done before the daily high was reached.
Pound/Yen spiked hours into the session to trade back near the opening level at 12 o’clock. Traded volume is low and sentiment of the traders is bullish at 20% long. Traders have seen both chances and risks as a single trend didn’t form.
Euro/Yen has been trending slowly South and a loss of point 19% has been posted. Traded volume is average and most of the funds have been driven by bearish expectations. Gradual decline makes profits very much likely for investors.
I’m Jessica Walker and this is how market players have performed during the morning session on Friday.
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