It’s time for the Dukascopy Midday Snapshot, where we take a look at how market participants have performed over the 12 hours to midday on Wednesday. Euro/Dollar has moved slowly higher and the pair stands point 3% in the green at noon. Traded volume is average and most of the traders have been forecasting the pair to head lower. Gradual rise has brought risks, making losses more likely. Pound/Dollar has been on a rise and it puts the pair point 29% up from the opening level at midday. The Cable sees just half of the monthly average funds and sentiment is neutral, but 14% short. Rise suggests a successful day for those who were long. Dollar/Yen shows limited rate movement and trading has been passive as well. Sentiment of the traders is bullish at 24% long. Both the slow trading and narrow price movement range suggest no significant moves in funds should be expected. Pound/Yen rose a couple of pips above the 152 level as it moved sharply up. Traded volume is average and bearish sentiment of the traders is 26% short. The rate has been moving sharply higher, bringing risks for investors. Euro/Yen has gained some ground as well and the pair stood point 33% in the green at 12 o’clock. Traded volume is average and most of the traders have been forecasting the pair to drop. It went sharply higher, making losses more likely. I’m ____________ and you’ve been watching the Midday Snapshot for Wednesday. Goodbye for now.
It’s time for the Dukascopy Midday Snapshot, where we take a look at how market participants have performed over the 12 hours to midday on Wednesday.
Euro/Dollar has moved slowly higher and the pair stands point 3% in the green at noon. Traded volume is average and most of the traders have been forecasting the pair to head lower. Gradual rise has brought risks, making losses more likely.
Pound/Dollar has been on a rise and it puts the pair point 29% up from the opening level at midday. The Cable sees just half of the monthly average funds and sentiment is neutral, but 14% short. Rise suggests a successful day for those who were long.
Dollar/Yen shows limited rate movement and trading has been passive as well. Sentiment of the traders is bullish at 24% long. Both the slow trading and narrow price movement range suggest no significant moves in funds should be expected.
Pound/Yen rose a couple of pips above the 152 level as it moved sharply up. Traded volume is average and bearish sentiment of the traders is 26% short. The rate has been moving sharply higher, bringing risks for investors.
Euro/Yen has gained some ground as well and the pair stood point 33% in the green at 12 o’clock. Traded volume is average and most of the traders have been forecasting the pair to drop. It went sharply higher, making losses more likely.
I’m ____________ and you’ve been watching the Midday Snapshot for Wednesday. Goodbye for now.
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