Hello, I`m Imogen Comrie bringing you the Midday Snapshot for Thursday. As usual, we`ll compare the sentiment of the traders with the actual rate movements during the morning session. Euro/Dollar has declined by a total of 87 pips and it was point 42% in the red at noon, after rising from the daily low. Turnover is 57% up from the monthly average and the sentiment is neutral, just 4% short. Start of the day has been bearish for this pair, making profits more likely for traders with short positions. Pound/Dollar’s decline of 59 pips was followed by a slight recovery and a loss of point 24% was posted at midday. The Cable has attracted a considerable 180% more than usual funds and the sentiment is neutral, 4% long. Bears saw their chances during the slide, but bulls had some opportunities after the low of 1 6276 was reached. Dollar/Yen was back near the opening level at 12 o`clock after trading in a total range of 31 pips. Traded volume is average and the sentiment is neutral, 14% short. It’s difficult to assume any performance patterns as the trend has been shifting. Downward pressure has been stronger for the Pound/Yen and a loss of point 31% was posted at noon. Trading has been passive, volume is extremely low and the sentiment is neutral, 13% short. Bears have been in better positions, but moves in funds should be limited by the calm trading. Euro/Yen has been moving sharply lower and it stood point 52% in the red after 12 hours of trading. Turnover is 75% up from the pair’s usual and the sentiment is neutral, 12% long. This should be a successful morning session for traders with short positions. That`s it for now. Track the latest changes in trader performance by checking back for the hourly updates.
Hello, I`m Imogen Comrie bringing you the Midday Snapshot for Thursday. As usual, we`ll compare the sentiment of the traders with the actual rate movements during the morning session.
Euro/Dollar has declined by a total of 87 pips and it was point 42% in the red at noon, after rising from the daily low. Turnover is 57% up from the monthly average and the sentiment is neutral, just 4% short. Start of the day has been bearish for this pair, making profits more likely for traders with short positions.
Pound/Dollar’s decline of 59 pips was followed by a slight recovery and a loss of point 24% was posted at midday. The Cable has attracted a considerable 180% more than usual funds and the sentiment is neutral, 4% long. Bears saw their chances during the slide, but bulls had some opportunities after the low of 1 6276 was reached.
Dollar/Yen was back near the opening level at 12 o`clock after trading in a total range of 31 pips. Traded volume is average and the sentiment is neutral, 14% short. It’s difficult to assume any performance patterns as the trend has been shifting.
Downward pressure has been stronger for the Pound/Yen and a loss of point 31% was posted at noon. Trading has been passive, volume is extremely low and the sentiment is neutral, 13% short. Bears have been in better positions, but moves in funds should be limited by the calm trading.
Euro/Yen has been moving sharply lower and it stood point 52% in the red after 12 hours of trading. Turnover is 75% up from the pair’s usual and the sentiment is neutral, 12% long. This should be a successful morning session for traders with short positions.
That`s it for now. Track the latest changes in trader performance by checking back for the hourly updates.
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