This is the Dukascopy Midday Snapshot, where we take a look at how market participants have performed over the 12 hours to noon.
Euro/Dollar took a slide of 130 pips to hit the daily low just 10 pips above the 1 15 level. Trading has been active, volume is a massive 179% up from the monthly average and neutral sentiment is almost at an even balance. Steep slide suggests a successful morning session for those who had short positions.
Pound/Dollar has plummeted as well and the pair rose slightly from the daily low just pips above the 1 32 level. This pair sees double the monthly average funds and neutral sentiment is at an even balance. Sharp decline has provided solid profit opportunities for those who were short.
Dollar/Yen declined by almost 100 pips, before rising from the daily low. Turnover is average and neutral sentiment of the traders is 11% short. Bears had plenty of chances as the pair dropped, but the following bounce back provided some profit opportunities for bulls as well.
Pound/Yen rose slightly after the steep decline and a loss of point 85% was posted at 12 o’clock. Trading has been active here as well and sentiment of the trades is neutral, both sides are equal. Bears have been in better positions, but the late rise was good news for bulls.
Euro/Yen took a slide of 215 pips to trade more than 1% in the red at noon. Traded volume is a massive 187% up from the monthly average and most of the funds have been driven by bullish expectations. The rate went sharply lower, bringing plenty of risks for investors.
I’m Kiays Khalil and you’ve been watching the Midday Snapshot for Tuesday.

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