It’s noon GMT on this week’s first trading day and time for the Dukascopy Midday Snapshot. Euro/Dollar has been trending higher and rise puts the pair point 38% in the green. Traded volume is average and neutral sentiment of the traders is almost at an even balance. Rate has been heading higher, suggesting a successful morning session for those who were long. Pound/Dollar has surged by more than 100 pips and a gain of point 57% has been posted. The Cable sees 33% less than typical funds and sentiment of the traders is neutral, short positions are up by 12%. The pair has been heading higher, providing plenty of profit opportunities for bulls. Dollar/Yen took a slide early on and the pair stood point 29% in the red at 12 o’clock. Turnover is high and neutral sentiment is just 3% long. Early slide was good news for those who were in short positions. Pound/Yen rose by 98 pips after the early decline as the pair broke through the 150 level. Traded volume is low and most of the funds have been driven by bearish expectations. Traders saw some chances early on, but the following rise has brought risks as well. Euro/Yen has been calmer than usual, high and low difference is just 66 pips and traded volume is average. Traders have been mostly forecasting the pair to head higher. There were some chances after the daily low was hit, but the narrow price movement range is the limiting factor. I’m ___________ and this wraps up the Midday Snapshot for Monday. Goodbye for now.
It’s noon GMT on this week’s first trading day and time for the Dukascopy Midday Snapshot.
Euro/Dollar has been trending higher and rise puts the pair point 38% in the green. Traded volume is average and neutral sentiment of the traders is almost at an even balance. Rate has been heading higher, suggesting a successful morning session for those who were long.
Pound/Dollar has surged by more than 100 pips and a gain of point 57% has been posted. The Cable sees 33% less than typical funds and sentiment of the traders is neutral, short positions are up by 12%. The pair has been heading higher, providing plenty of profit opportunities for bulls.
Dollar/Yen took a slide early on and the pair stood point 29% in the red at 12 o’clock. Turnover is high and neutral sentiment is just 3% long. Early slide was good news for those who were in short positions.
Pound/Yen rose by 98 pips after the early decline as the pair broke through the 150 level. Traded volume is low and most of the funds have been driven by bearish expectations. Traders saw some chances early on, but the following rise has brought risks as well.
Euro/Yen has been calmer than usual, high and low difference is just 66 pips and traded volume is average. Traders have been mostly forecasting the pair to head higher. There were some chances after the daily low was hit, but the narrow price movement range is the limiting factor.
I’m ___________ and this wraps up the Midday Snapshot for Monday. Goodbye for now.
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