Morning session is over on this week’s first trading day so let’s see how market players have performed so far. Euro/Dollar recovered after the early decline, but another slide puts it point 31% in the red. Traded volume is average and neutral sentiment is just 3% long. Downward pressure has been stronger so far, making profits more likely for those who were short. Pound/Dollar has been trending South and a loss of point 62% has been posted at noon. The Cable sees 22% less than typical funds and most of the traders have been forecasting the pair to head lower. It did go per those expectations, making profits very much likely. Dollar/Yen was moving up for hours, but a late decline has wiped out most of the gains. Turnover is high and neutral sentiment of the traders is 8% long. Trend has shifted for this pair, providing both sides with their profit opportunities. Pound/Yen took a slide after 7 AM and it has resulted in a loss of point 54%. Traded volume is average and most of the market players have been forecasting the pair to head higher. Late slide has brought serious risks for investors. Euro/Yen’s gradual rise was followed by a decline, which put the pair point 22% in the red. Traded volume is extremely low and sentiment of the traders is bearish, 26% short. Traders had their profit opportunities after the daily high was reached. I’m Louise Mc Cauley and that’s it for 12 o’clock report.
Morning session is over on this week’s first trading day so let’s see how market players have performed so far.
Euro/Dollar recovered after the early decline, but another slide puts it point 31% in the red. Traded volume is average and neutral sentiment is just 3% long. Downward pressure has been stronger so far, making profits more likely for those who were short.
Pound/Dollar has been trending South and a loss of point 62% has been posted at noon. The Cable sees 22% less than typical funds and most of the traders have been forecasting the pair to head lower. It did go per those expectations, making profits very much likely.
Dollar/Yen was moving up for hours, but a late decline has wiped out most of the gains. Turnover is high and neutral sentiment of the traders is 8% long. Trend has shifted for this pair, providing both sides with their profit opportunities.
Pound/Yen took a slide after 7 AM and it has resulted in a loss of point 54%. Traded volume is average and most of the market players have been forecasting the pair to head higher. Late slide has brought serious risks for investors.
Euro/Yen’s gradual rise was followed by a decline, which put the pair point 22% in the red. Traded volume is extremely low and sentiment of the traders is bearish, 26% short. Traders had their profit opportunities after the daily high was reached.
I’m Louise Mc Cauley and that’s it for 12 o’clock report.
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