We’re halfway through this week’s last trading day, so let’s see how things have been shaping up for the market players. I’m Charlie Fooks and you’re watching the Midday Snapshot. Euro/Dollar started moving North after 6 o’clock, gaining 36 pips, but a subsequent decline leaves it just a fraction in the green after twelve hours of trading. Trading has been active, and the sentiment is neutral at 3% short. Success depends on timing as the trend was shifting throughout the day. Pound/Dollar saw a rise earlier in the morning, but a subsequent decline of 33 pips left it near the opening level at noon. Trading has been slow, and the sentiment is bearish at 32% short. Profits are possible if trading was done after the rise. Dollar/Yen has had a bullish session, and a gain of 31 pips leaves it point 25% in the green at midday. Traded volume is 43% down from the monthly average, and the traders had expected a decline, as the sentiment is bearish at 17% short. This means that losses are likely for traders, but the slow trading should keep them at bay. Pound/Yen is on the rise as well, moving North by 60 pips. The total increase reached point 22% at twelve o’clock. Traders have conducted their trades with 20% less funds than usual, and they had expected the rate to move in the opposite direction, as short positions prevail by 25%. The bullish rate movement makes losses likely for traders. And Euro/Yen shot up by 62 pips after 6 o’clock. The pair was point 3% up from the opening level at noon. Trading has been extremely slow, and the sentiment is neutral at 1% long. Bulls had good chances for profits during the day, but a bolder approach would have increased them. This was the Midday Snapshot for Friday. We’ll be updating these stats on an hourly basis, so stay tuned.
We’re halfway through this week’s last trading day, so let’s see how things have been shaping up for the market players. I’m Charlie Fooks and you’re watching the Midday Snapshot.
Euro/Dollar started moving North after 6 o’clock, gaining 36 pips, but a subsequent decline leaves it just a fraction in the green after twelve hours of trading. Trading has been active, and the sentiment is neutral at 3% short. Success depends on timing as the trend was shifting throughout the day.
Pound/Dollar saw a rise earlier in the morning, but a subsequent decline of 33 pips left it near the opening level at noon. Trading has been slow, and the sentiment is bearish at 32% short. Profits are possible if trading was done after the rise.
Dollar/Yen has had a bullish session, and a gain of 31 pips leaves it point 25% in the green at midday. Traded volume is 43% down from the monthly average, and the traders had expected a decline, as the sentiment is bearish at 17% short. This means that losses are likely for traders, but the slow trading should keep them at bay.
Pound/Yen is on the rise as well, moving North by 60 pips. The total increase reached point 22% at twelve o’clock. Traders have conducted their trades with 20% less funds than usual, and they had expected the rate to move in the opposite direction, as short positions prevail by 25%. The bullish rate movement makes losses likely for traders.
And Euro/Yen shot up by 62 pips after 6 o’clock. The pair was point 3% up from the opening level at noon. Trading has been extremely slow, and the sentiment is neutral at 1% long. Bulls had good chances for profits during the day, but a bolder approach would have increased them.
This was the Midday Snapshot for Friday. We’ll be updating these stats on an hourly basis, so stay tuned.
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