It`s time for the Midday Snapshot where we`ll see how traders have managed to work out the rate movements during the morning session on this Thursday. Euro/Dollar has been trending slowly higher and rise puts the pair point 26% in the green. Turnover is average and neutral sentiment is just 2% long. Uptrend makes a successful start of the day more likely for those who had long positions. Pound/Dollar declined by 53 pips, but a following rise has wiped out all of the loss. The Cable sees an average amount of funds and most of them have been driven by bullish expectations. Decline has brought risks for investors, but the following rise was good news. Dollar/Yen has walked in a total range of 31 pips and the pair was back near the opening level at 12 o’clock. Traded volume is high and neutral sentiment is almost at an even balance. Both sides have had their chances, but the generally narrow price movement range is the limiting factor. Pound/Yen’s trend has changed and the pair was slightly South of midnight’s level at midday. Traded volume is average and sentiment of the market players is neutral, but leaning towards the long side by 13%. Bulls had their chances early on, but the change in trend provided opportunities for bears as well. Euro/Yen rose sharply early on, but most of the remaining session has been flat. Turnover is high and most of the funds have been driven by bearish expectations, sentiment is 12% short. Bullish traders saw their profit opportunities during the early trading hours. I’m ___________ and this wraps up Thursday`s Midday Snapshot. Goodbye for now.
It`s time for the Midday Snapshot where we`ll see how traders have managed to work out the rate movements during the morning session on this Thursday.
Euro/Dollar has been trending slowly higher and rise puts the pair point 26% in the green. Turnover is average and neutral sentiment is just 2% long. Uptrend makes a successful start of the day more likely for those who had long positions.
Pound/Dollar declined by 53 pips, but a following rise has wiped out all of the loss. The Cable sees an average amount of funds and most of them have been driven by bullish expectations. Decline has brought risks for investors, but the following rise was good news.
Dollar/Yen has walked in a total range of 31 pips and the pair was back near the opening level at 12 o’clock. Traded volume is high and neutral sentiment is almost at an even balance. Both sides have had their chances, but the generally narrow price movement range is the limiting factor.
Pound/Yen’s trend has changed and the pair was slightly South of midnight’s level at midday. Traded volume is average and sentiment of the market players is neutral, but leaning towards the long side by 13%. Bulls had their chances early on, but the change in trend provided opportunities for bears as well.
Euro/Yen rose sharply early on, but most of the remaining session has been flat. Turnover is high and most of the funds have been driven by bearish expectations, sentiment is 12% short. Bullish traders saw their profit opportunities during the early trading hours.
I’m ___________ and this wraps up Thursday`s Midday Snapshot. Goodbye for now.
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