We’re halfway through this week’s last trading day, so let’s look back at the rate movements and trader performance. Euro/Dollar moved towards the 1 25 level as the pair gained a total of 108 pips. Traded volume is average and sentiment of the traders is neutral, short positions are up by 4%. Uptrend makes a successful morning session very much likely for those who had long positions. Pound/Dollar has been on a rise as well and it puts the pair point 7% in the green. The Cable sees more than double the monthly average funds and neutral sentiment is almost at an even balance. There have been plenty of profit opportunities for bullish market players. Dollar/Yen took a slide and a loss of point 27% has been posted. Turnover is high and neutral sentiment of the traders is 6% short. Decline suggests a successful morning session for bearish market players. Pound/Yen has seen its trend change and a late rise puts the pair point 43% in the green. Traded volume is average and most of the traders have been forecasting the pair to head higher. Trading should be successful if it was done after the daily low was reached. Euro/Yen has walked in a relatively narrow range of 46 pips, attracting just half of the monthly average funds. Most of those have been driven by bearish expectations, but both the slow trading and flat rate movement are limiting factors. I’m Kiays Khalil and that’s how traders have performed by noon GMT on this Friday.
We’re halfway through this week’s last trading day, so let’s look back at the rate movements and trader performance.
Euro/Dollar moved towards the 1 25 level as the pair gained a total of 108 pips. Traded volume is average and sentiment of the traders is neutral, short positions are up by 4%. Uptrend makes a successful morning session very much likely for those who had long positions.
Pound/Dollar has been on a rise as well and it puts the pair point 7% in the green. The Cable sees more than double the monthly average funds and neutral sentiment is almost at an even balance. There have been plenty of profit opportunities for bullish market players.
Dollar/Yen took a slide and a loss of point 27% has been posted. Turnover is high and neutral sentiment of the traders is 6% short. Decline suggests a successful morning session for bearish market players.
Pound/Yen has seen its trend change and a late rise puts the pair point 43% in the green. Traded volume is average and most of the traders have been forecasting the pair to head higher. Trading should be successful if it was done after the daily low was reached.
Euro/Yen has walked in a relatively narrow range of 46 pips, attracting just half of the monthly average funds. Most of those have been driven by bearish expectations, but both the slow trading and flat rate movement are limiting factors.
I’m Kiays Khalil and that’s how traders have performed by noon GMT on this Friday.
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