27.07.2017 – Midday Snapshot by Dukascopy
July 27, 2017 12:54 pmVideo
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The Dukascopy TV Team is once again bringing you the Midday Snapshot where we take a look at how the market players have performed over the 12 hours to noon.
Euro/Dollar’s surge above the 1 17 level was short lived and the pair stands point 33% in the red at noon. Turnover is average and neutral sentiment of the traders is 6% long. Bulls had their chances early on, but rest of the session was in favor for bearish market players.
Pound/Dollar has gained some ground and a gain of point 22% was posted at midday. The Cable sees 28% more than typical funds and sentiment of the market players is neutral, 11% long. The rate has been mostly trending higher, providing profit opportunities for those who were long.
Dollar/Yen shot up from the early low and the pair trades point 23% in the green at 12 o’clock. Turnover is high and neutral sentiment of the traders is 2% long. Most of the session has been bullish for the Buck, making profits more likely for those who had long positions.
Pound/Yen rose by a total of 110 pips and rise has resulted in a gain of point 46%. Trading has been active, volume is high and sentiment of the traders is neutral, 11% long. Profits are very much likely for the small majority of the traders that were long.
Euro/Yen’s day has been slow – high and low difference is just 49 pips and traded volume is extremely low. Most of the funds have been driven by bullish expectations, but the calm trading and the flat rate movement suggest no major profits or losses are likely.
I’m Kiays Khalil and that brings Thursday’s Midday Snapshot to an end.
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