24.04.2018 – Midday Snapshot by Dukascopy
April 24, 2018 12:53 pmVideo
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It’s time for the midday snapshot where we assess the performance of the traders until 12pm gmt this Tuesday.
First up is the EUR/USD where the biggest move was a drop of 42 pips, however the pair rebounded to sit point 10% in the green at midday. Sentiment is neutral and trading has been average in terms of volume. Some chances for both sides here due to the volatile movements.
Next we look at the cable where a gain of 50 pips leaves the pair point 21% in the green at midday. Sentiment is neutral at 3% short and trading has been calm with 48% less than the monthly average. The flat rate movement should limit chances here.
The third pair is the USD/JPY where the biggest move was a jump of 23 pips which leaves the pair point 02% in the green at midday. Sentiment is neutral at 14% short and trading has been very calm with 59% less than the monthly average. Again, no real chances due to the narrow price movement range.
The penultimate pair is the GBP/JPY where a jump of 58 pips sees the pair point 24% in the green at midday. Sentiment is bullish at 15% long and trading has been calm with 34% less than the monthly average. Some small success for traders here, but limited by the overall flat price movement.
Finally we look at the EUR/JPY which has gained 39 pips to stand point 13% in the green at midday. Sentiment is strongly bullish at 50% long and trading has been average in terms of volume. Traders should have had an ok day here, but again, profits will be limited by the generally flat rate movement.
That’s all for this midday snapshot with myself Jack EVeritt, thanks for watching and enjoy the rest of your day!!!
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