It’s 12 o’clock on this Thursday and it’s time for the Dukascopy Midday Snapshot. Euro/Dollar hit the daily high of 1 2460 after 6 AM, but most of the gains have been given up. Turnover is high and neutral sentiment is almost at an even balance. Bulls had their chances during the early hours, but the change in trend was good news for bears. Pound/Dollar shows a similar pattern and the pair was point 26% in the green at midday. The Cable sees more than double the monthly average funds and bearish sentiment of the traders is 17% short. Success depends on the timing of the trades as rise was followed by a decline. Dollar/Yen has been mostly heading south and the pair stood point 28% in the red at noon. Traded volume is extremely high and sentiment of the traders is bullish, 15% long. Downward pressure has been stronger here, making losses more likely for investors. Pound/Yen has been hovering mostly around the opening level. Traded volume is high and most of the funds have been driven by bullish expectations. There have been some chances for traders, but the slow rate movement is the limiting factor. Euro/Yen has been trending slowly South and a slight loss was posted at 12 o’clock. Traded volume is average and sentiment of the traders is bullish, 20% long. Gradual decline makes losses more likely so far today. I’m Kiays Khalil and this is how traders have performed so far on this Thursday.
It’s 12 o’clock on this Thursday and it’s time for the Dukascopy Midday Snapshot.
Euro/Dollar hit the daily high of 1 2460 after 6 AM, but most of the gains have been given up. Turnover is high and neutral sentiment is almost at an even balance. Bulls had their chances during the early hours, but the change in trend was good news for bears.
Pound/Dollar shows a similar pattern and the pair was point 26% in the green at midday. The Cable sees more than double the monthly average funds and bearish sentiment of the traders is 17% short. Success depends on the timing of the trades as rise was followed by a decline.
Dollar/Yen has been mostly heading south and the pair stood point 28% in the red at noon. Traded volume is extremely high and sentiment of the traders is bullish, 15% long. Downward pressure has been stronger here, making losses more likely for investors.
Pound/Yen has been hovering mostly around the opening level. Traded volume is high and most of the funds have been driven by bullish expectations. There have been some chances for traders, but the slow rate movement is the limiting factor.
Euro/Yen has been trending slowly South and a slight loss was posted at 12 o’clock. Traded volume is average and sentiment of the traders is bullish, 20% long. Gradual decline makes losses more likely so far today.
I’m Kiays Khalil and this is how traders have performed so far on this Thursday.
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