This is another Midday Snapshot brought to you by the Dukascopy TV Team. I’m Doireann McDermott and here’s a look at how market participants have fared over the morning session. Euro/Dollar has had a relatively slow day so far, volatility is 35 pips and traded volume is low. Sentiment of the traders is neutral, just 8% long. Both the slow trading and narrow price movement range suggest no significant moves in funds are likely. Pound/Dollar declined by a total of 44 pips, but a following rise has cancelled out almost all of the loss. The Cable has attracted less than half of the monthly average funds and the sentiment is bullish, 20% long. Traders had their chances after the daily low was reached, but both profits and losses should be limited by the slow trading. Dollar/Yen declined slightly early in the day, but a following uptrend has resulted in a gain of point 29%. This pair has been traded passively, volume is extremely low and the sentiment is neutral, close to a balance. The rate has been mostly moving North, making profits more likely for bulls. Pound/Yen moved higher close to midday and the rise has resulted in a gain of point 23%. Traded volume is extremely low and the sentiment is neutral. Bulls have been in better positions so far, but trading has been slow, so both profits and losses should be limited. Euro/Yen moved North by a total of 52 pips after 6 o`clock and it stood point 27% in the green at noon. Market players have traded 27% less than typical funds on this pair and the sentiment is bullish, 19% long. The rate did go per the bullish forecasts and only the slow trading limits upside potential. You’ve been watching the Midday Snapshot for Tuesday. Stay tuned throughout the day for the very latest updates of these stats.
This is another Midday Snapshot brought to you by the Dukascopy TV Team. I’m Doireann McDermott and here’s a look at how market participants have fared over the morning session.
Euro/Dollar has had a relatively slow day so far, volatility is 35 pips and traded volume is low. Sentiment of the traders is neutral, just 8% long. Both the slow trading and narrow price movement range suggest no significant moves in funds are likely.
Pound/Dollar declined by a total of 44 pips, but a following rise has cancelled out almost all of the loss. The Cable has attracted less than half of the monthly average funds and the sentiment is bullish, 20% long. Traders had their chances after the daily low was reached, but both profits and losses should be limited by the slow trading.
Dollar/Yen declined slightly early in the day, but a following uptrend has resulted in a gain of point 29%. This pair has been traded passively, volume is extremely low and the sentiment is neutral, close to a balance. The rate has been mostly moving North, making profits more likely for bulls.
Pound/Yen moved higher close to midday and the rise has resulted in a gain of point 23%. Traded volume is extremely low and the sentiment is neutral. Bulls have been in better positions so far, but trading has been slow, so both profits and losses should be limited.
Euro/Yen moved North by a total of 52 pips after 6 o`clock and it stood point 27% in the green at noon. Market players have traded 27% less than typical funds on this pair and the sentiment is bullish, 19% long. The rate did go per the bullish forecasts and only the slow trading limits upside potential.
You’ve been watching the Midday Snapshot for Tuesday. Stay tuned throughout the day for the very latest updates of these stats.
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