This is the Dukascopy Midday Snapshot for this week’s last trading day, 26th of May. Euro/Dollar has seen limited rate movement, high and low difference is 50 pips. Turnover is average and sentiment of the traders is neutral, 4% long. Both sides have had some profit opportunities, but the narrow price movement range is what should limit shifts in trading accounts. Pound/Dollar has been on a slide and it has resulted in a loss of point 72%. Turnover is high and sentiment of the traders is neutral, 11% short. Downtrend has provided plenty of profit opportunities for those who had short positions. Dollar/Yen’s day has been bearish so far and decline puts the pair point 66% in the red. Traded volume is low and sentiment of the traders is neutral, at an even balance. Sharp decline puts bearish market players in better positions so far. Pound/Yen dropped by more than 200 pips and the pair was 1.38% South of the opening level at 12 o’clock. This pair sees more than double the monthly average funds and sentiment of the traders is bullish, 15% long. Rate has been moving in one direction and that’s lower, making losses more likely for investors. Euro/Yen’s slide measures at more than 100 pips and a loss of point 83% was posted at noon. This pair sees a typical amount of funds and sentiment of the traders is neutral, 7% long. Bears have seen plenty of profit chances as the rate has been moving sharply lower. I’m Jack Everitt and that’s it for Friday’s Midday Snapshot, but we’ll be updating these stats on an hourly basis, so click back.
This is the Dukascopy Midday Snapshot for this week’s last trading day, 26th of May.
Euro/Dollar has seen limited rate movement, high and low difference is 50 pips. Turnover is average and sentiment of the traders is neutral, 4% long. Both sides have had some profit opportunities, but the narrow price movement range is what should limit shifts in trading accounts.
Pound/Dollar has been on a slide and it has resulted in a loss of point 72%. Turnover is high and sentiment of the traders is neutral, 11% short. Downtrend has provided plenty of profit opportunities for those who had short positions.
Dollar/Yen’s day has been bearish so far and decline puts the pair point 66% in the red. Traded volume is low and sentiment of the traders is neutral, at an even balance. Sharp decline puts bearish market players in better positions so far.
Pound/Yen dropped by more than 200 pips and the pair was 1.38% South of the opening level at 12 o’clock. This pair sees more than double the monthly average funds and sentiment of the traders is bullish, 15% long. Rate has been moving in one direction and that’s lower, making losses more likely for investors.
Euro/Yen’s slide measures at more than 100 pips and a loss of point 83% was posted at noon. This pair sees a typical amount of funds and sentiment of the traders is neutral, 7% long. Bears have seen plenty of profit chances as the rate has been moving sharply lower.
I’m Jack Everitt and that’s it for Friday’s Midday Snapshot, but we’ll be updating these stats on an hourly basis, so click back.
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