We’re halfway through the last trading day of the week, so let’s take a look of the performance of the traders with the Midday Snapshot. There have been no significant shifts for the Euro/Dollar, but the pair sees an average amount of funds. Neutral sentiment of the traders is almost at an even balance, but the narrow price movement range suggests no major moves in trading accounts are likely. Pound/Dollar’s rate movement is relatively flat as well, but traders have used an average amount of funds to trade this pair. Sentiment of the traders is neutral, but short positions are up by 10%. The narrow price movement range is the limiting factor here as well. Dollar/Yen’s decline was followed by a rise and the pair was back near the opening level at noon. Turnover is high and neutral sentiment of the traders is 5% short. Both sides have had their chances as a single trend hasn’t been established. Pound/Yen rose from the daily low to trade slightly in the green at midday. Turnover is average and most of the funds have been driven by bearish expectations. Traders have seen chances and risks as decline was followed by a rise. Euro/yen moved slowly up as midday approached and a gain of point 26% has been posted. Traders have used less than half of the monthly average funds to trade this pair and neutral sentiment is 6% long. Late increase puts bullish market players in better positions here. I’m Jack Everitt and that’s it for Friday’s Dukascopy Midday Snapshot.
We’re halfway through the last trading day of the week, so let’s take a look of the performance of the traders with the Midday Snapshot.
There have been no significant shifts for the Euro/Dollar, but the pair sees an average amount of funds. Neutral sentiment of the traders is almost at an even balance, but the narrow price movement range suggests no major moves in trading accounts are likely.
Pound/Dollar’s rate movement is relatively flat as well, but traders have used an average amount of funds to trade this pair. Sentiment of the traders is neutral, but short positions are up by 10%. The narrow price movement range is the limiting factor here as well.
Dollar/Yen’s decline was followed by a rise and the pair was back near the opening level at noon. Turnover is high and neutral sentiment of the traders is 5% short. Both sides have had their chances as a single trend hasn’t been established.
Pound/Yen rose from the daily low to trade slightly in the green at midday. Turnover is average and most of the funds have been driven by bearish expectations. Traders have seen chances and risks as decline was followed by a rise.
Euro/yen moved slowly up as midday approached and a gain of point 26% has been posted. Traders have used less than half of the monthly average funds to trade this pair and neutral sentiment is 6% long. Late increase puts bullish market players in better positions here.
I’m Jack Everitt and that’s it for Friday’s Dukascopy Midday Snapshot.
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