It’s 12 O`clock GMT on this Tuesday and time for the Midday Snapshot where we`ll assess the performance of the market players. Euro/Dollar rose by a total of 48 pips, but most of the gain has been given up. Traded volume is average and sentiment of the market players is neutral, short positions are up by 4%. Both sides have had their chances, but they have been limited due to the narrow price movement range. Pound/Dollar has been trending slowly higher and uptrend has resulted in a gain of point 36%. The Cable sees less than half of the monthly average funds and most of them have been driven by bullish expectations. Traders have done a good job working out the rate movement direction and only the passive trading limits upside potential. Dollar/Yen has gained some ground and rise puts the pair point 78% in the green at noon. Traded volume is extremely low and sentiment of the market players is neutral, 14% short. Trading should be successful for those who had long positions, but the calm trading is the limiting factor. Pound/Yen’s uptrend puts the pair more than 1% in the positive territory at midday. Traded volume is average and sentiment of the traders is neutral, 14% short. Steep rise has provided plenty profit opportunities for bullish market players. Euro/Yen shot up by 135 pips and a gain of close to 1% was posted at 12 o’clock. Turnover is high and neutral sentiment of the traders is 10% short. Morning session has been bullish for this pair, providing profit chances for those who had long positions. I’m Jessica Walker and this wraps up the Midday Snapshot for Tuesday. Stay tuned for the hourly updates to access the most up-to-date trader performance data throughout the day.
It’s 12 O`clock GMT on this Tuesday and time for the Midday Snapshot where we`ll assess the performance of the market players.
Euro/Dollar rose by a total of 48 pips, but most of the gain has been given up. Traded volume is average and sentiment of the market players is neutral, short positions are up by 4%. Both sides have had their chances, but they have been limited due to the narrow price movement range.
Pound/Dollar has been trending slowly higher and uptrend has resulted in a gain of point 36%. The Cable sees less than half of the monthly average funds and most of them have been driven by bullish expectations. Traders have done a good job working out the rate movement direction and only the passive trading limits upside potential.
Dollar/Yen has gained some ground and rise puts the pair point 78% in the green at noon. Traded volume is extremely low and sentiment of the market players is neutral, 14% short. Trading should be successful for those who had long positions, but the calm trading is the limiting factor.
Pound/Yen’s uptrend puts the pair more than 1% in the positive territory at midday. Traded volume is average and sentiment of the traders is neutral, 14% short. Steep rise has provided plenty profit opportunities for bullish market players.
Euro/Yen shot up by 135 pips and a gain of close to 1% was posted at 12 o’clock. Turnover is high and neutral sentiment of the traders is 10% short. Morning session has been bullish for this pair, providing profit chances for those who had long positions.
I’m Jessica Walker and this wraps up the Midday Snapshot for Tuesday. Stay tuned for the hourly updates to access the most up-to-date trader performance data throughout the day.
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