27.02.2018 – Midday Snapshot by Dukascopy
February 27, 2018 12:40 pmVideo
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We are half-way through the trading day on this Tuesday and it’s time for the Midday Snapshot.
Euro/Dollar has made no significant moves, but the pair still sees an average amount of funds. Sentiment of the traders is neutral, both sides have been represented in similar numbers. There have been no significant profit opportunities due to the narrow price movement range.
Pound/Dollar has been calmer than usual as well and traded volume is average. Most of the traders have been forecasting the pair to head lower, but the narrow price movement range is the limiting factor.
Dollar/Yen has walked in a total range of only 32 pips, but trading has been typical in terms of volume. Neutral sentiment of the traders is 9% long. Both profits and losses shouldn’t be significant due to the narrow price movement range.
Pound/Yen spiked after 7 o’clock, but the session has been mostly calm here as well. Traded volume is extremely low and sentiment of the market players is neutral at 4% short. The calm session makes major changes in funds not likely.
Euro/Yen has traded in a total corridor of 52 pips, but the pair sees a typical amount of funds. Most of them have been driven by bullish expectations, but the narrow price movement range should limit any shifts in trading accounts.
I’m Jessica Walker and this wraps up the Midday Snapshot for Tuesday. Goodbye for now.
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