28.08.2014 – Midday Snapshot by Dukascopy
August 28, 2014 1:06 pmVideo
Latest News
- Trading Signals for GOLD (XAU/USD) for April 17-19, 2024: sell below $2,400 (21 SMA – double top) April 17, 2024
- Technical Analysis – GBPCAD hits a wall but bulls not ready to give up April 17, 2024
- Trading Signals for Ethereum (ETH/USD) for April 17-19, 2024: sell below $3,125 (21 SMA – 2/8 Murray) April 17, 2024
- Analysis for the EUR/USD pair on April 17th. Jerome Powell didn’t help the dollar much April 17, 2024
- Analysis for GBP/USD pair on April 17th. British inflation overtakes American inflation April 17, 2024
- USD/JPY: Simple Trading tips for novice traders on April 17th (US session) April 17, 2024
- GBP/USD: Simple trading tips for novice traders on April 17th (US session) April 17, 2024
- EUR/USD: Simple trading tips for novice traders on April 17th (US session) April 17, 2024
- GBP/USD: trading plan for the US session on April 17th (analysis of morning deals) April 17, 2024
- Technical Analysis – EURUSD takes a breather after sharp tumble April 17, 2024
- Market continues to price in a plethora of rate cuts for 2024 – Special Report April 17, 2024
- EUR/USD: trading plan for the US session on April 17th (analysis of morning deals) April 17, 2024
- Technical Analysis – EURGBP maintains bearish bias amid pennant formation April 17, 2024
- EUR/USD. April 17th. Jerome Powell supports the dollar April 17, 2024
- GBP/USD. April 17th. Inflation in Britain is falling, but not as much as the market wants April 17, 2024
- Tesla Q1 Earnings: Poor deliveries point to disappointing results – Stock Markets April 17, 2024
- Video market update for April 17, 2024 April 17, 2024
- Forex forecast 04/17/2024: EUR/USD, GBP/USD, Gold, Bitcoin and Ethereum from Sebastian Seliga April 17, 2024
- Technical Analysis – Gold struggles to jump above 2,400 April 17, 2024
- GBP/USD: trading tips for beginners for European session on April 17 April 17, 2024
Hello, I`m Charlie Fooks and it’s time for the Dukascopy Midday Snapshot where we`ll see how traders have managed to work out the rate movements during the morning session on this Thursday.
Euro/Dollar was just point 12% in the red at noon after trading in a total range of 50 pips. Market players have traded with 56% more than usual funds and the sentiment is neutral, 1% long. Trend has been shifting, providing both of the close to equal sides with their profit chances.
A single trend hasn’t formed for the Pound/Dollar as well and it was back near the opening level at noon. The Cable has attracted a typical amount of funds and the sentiment is bearish, 16% short. Success depends on the timing of the trades as there have been both rises and declines.
Most of the day has been bearish for the Dollar/Yen and the pair was point 19% in the red at midday, after rising from the daily low. Turnover is 36% down from the monthly average and the sentiment is strongly bullish, 47% long. Traders have seen plenty of risks during the downtrend , but moves in funds should be limited by the slow trading.
Pound/Yen moved sharply down by 64 pips, but a following rise has cancelled out some of the loss. This pair has been traded actively, volume is extremely high and the sentiment is bearish, 27% short. Traders saw some solid opportunities during the slide, but the following rise brought risks too.
Euro/Yen stood point 24% in the red at 12 o`clock after recovering slightly from the steep decline. Traded volume is average and the sentiment is strongly bearish, short positions are up by 42%. Steep decline was good news for traders, but some risks were there after the daily low was reached.
That’s it for now, but check back for the hourly updates to track the latest trader performance changes throughout the day.
You can view this video and the full video archive on the Dukascopy.TV page: http://www.dukascopy.com/tv/en/#135421
Dukascopy TV is a free educational project producing daily updates on global markets, visit http://Dukascopy.com/tv for more