25.07.2017 – Midday Snapshot by Dukascopy
July 25, 2017 1:24 pmVideo
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Find out how trading has been shaping up for market players during the morning session on this Tuesday by watching the Dukascopy Midday Snapshot.
Euro/Dollar rose slightly by just 38 pips and the pair stands point 24% in the green at noon. Turnover is average and neutral sentiment of the market players is 2% long. Gradual rise has provided bulls with some chances, but the narrow price movement range is the limiting factor.
Pound/Dollar had mostly a calm session, but the pair shot up by 60 pips as midday approached. The Cable has attracted an average amount of funds and sentiment of the traders is neutral, 6% short. Late surge has provided solid profit chances for those who were long.
Dollar/Yen declined during the early trading hours, but a following rise has wiped out all of the loss. Turnover is high and sentiment of the market players is neutral, 1% long. Bearish traders had plenty of profit chances after midnight, but the following reversal was good news for bulls.
Pound/Yen’s downtrend lasted for almost 7 hours, but the pair rose sharply from the low of 144 46. Trading has been active, volume is high and neutral sentiment of the traders is at an even balance. Both trends have lasted for hours, providing plenty of profit opportunities for bulls as well as bears.
Euro/Yen hit the daily low of 129 25 following a gradual decline, but the rise that formed afterwards puts the pair point 44% in the green. Traded volume is average and most of the funds have been driven by bullish expectations. Trading should be successful if it was done after the daily low was reached.
I’m Celeste Skinner and this is how traders have performed so far on Tuesday.
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