Find out how trading has been shaping up for the currency traders during the morning session on this Thursday by watching the Dukascopy Midday Snapshot. Euro/Dollar has climbed higher by a total of 50 pips to trade point 31% in the green at midday. Turnover is average and neutral sentiment of the traders is 6% long. Uptrend makes a successful start of the day more likely for those who were in long positions. Pound/Dollar has been on a rise as well and a gain of point 24% was posted after a late correction. The Cable sees just half of the monthly average funds and neutral sentiment is at an even balance. Bulls have been in better positions, but the slow trading is the limiting factor for both sides. Dollar/Yen declined during the early trading hours and the pair was point 33% in the red at 12 o’clock as it gained some ground from the daily low. Turnover is low and most of the funds have been driven by bearish expectations. Trading should be successful if it was done before the daily low was reached. Pound/Yen has seen its trend change as the pair walked in a total range of 46 pips, while attracting 20% less than typical funds. Sentiment of the market players is neutral, 9% short. There have been some chances for both sides, but the narrow price movement range and slow trading approach both are limiting factors. Euro/Yen’s session has been slow – high and low difference is 37 pips and traded volume is extremely low. Most of the traders have had a bullish outlook, but no significant shifts in trading accounts are likely here as well. I’m Jack Everitt and this brings Thursday’s Midday Snapshot to an end. Goodbye for now.
Find out how trading has been shaping up for the currency traders during the morning session on this Thursday by watching the Dukascopy Midday Snapshot.
Euro/Dollar has climbed higher by a total of 50 pips to trade point 31% in the green at midday. Turnover is average and neutral sentiment of the traders is 6% long. Uptrend makes a successful start of the day more likely for those who were in long positions.
Pound/Dollar has been on a rise as well and a gain of point 24% was posted after a late correction. The Cable sees just half of the monthly average funds and neutral sentiment is at an even balance. Bulls have been in better positions, but the slow trading is the limiting factor for both sides.
Dollar/Yen declined during the early trading hours and the pair was point 33% in the red at 12 o’clock as it gained some ground from the daily low. Turnover is low and most of the funds have been driven by bearish expectations. Trading should be successful if it was done before the daily low was reached.
Pound/Yen has seen its trend change as the pair walked in a total range of 46 pips, while attracting 20% less than typical funds. Sentiment of the market players is neutral, 9% short. There have been some chances for both sides, but the narrow price movement range and slow trading approach both are limiting factors.
Euro/Yen’s session has been slow – high and low difference is 37 pips and traded volume is extremely low. Most of the traders have had a bullish outlook, but no significant shifts in trading accounts are likely here as well.
I’m Jack Everitt and this brings Thursday’s Midday Snapshot to an end. Goodbye for now.
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