Find out how the morning session has been shaping up for the currency traders on this year’s last trading day by watching the Dukascopy Midday Snapshot. Euro/Dollar has made a move towards the 1 20 level and the pair stands point 4% in the green at noon. Turnover is average and neutral sentiment of the traders is almost at an even balance. Uptrend suggests a successful morning session for bullish market players. Pound/Dollar has been on a rise as well and it has resulted in a gain of point 51%. The Cable sees 37% less than typical funds and most of them have been driven by bearish expectations. Uptrend makes losses more likely, but they should be cushioned by the slow trading. Dollar/Yen has been trending South and decline puts the pair point 32% in the red at 12 o’clock. Turnover is low and neutral sentiment is 2% long. Bearish morning session has provided plenty of profit opportunities for those who were short. Pound/Yen rose by 59 pips from the early low and the pair stood point 19% up from the opening level at midday. Traded volume is extremely low and sentiment of the traders is neutral, 5% short. Bulls had some chances during the rise, but the calm trading is the limiting factor. Euro/Yen shows limited rate movement, high and low difference is just 43 pips and the pair has attracted less than half of the monthly average funds. Sentiment of the traders is neutral, 7% long. Both the slow rate movement and passive trading suggest no major changes in funds are likely. I’m ____________ and this brings Friday’s Midday Snapshot to an end, but we`ll see you again next year!
Find out how the morning session has been shaping up for the currency traders on this year’s last trading day by watching the Dukascopy Midday Snapshot.
Euro/Dollar has made a move towards the 1 20 level and the pair stands point 4% in the green at noon. Turnover is average and neutral sentiment of the traders is almost at an even balance. Uptrend suggests a successful morning session for bullish market players.
Pound/Dollar has been on a rise as well and it has resulted in a gain of point 51%. The Cable sees 37% less than typical funds and most of them have been driven by bearish expectations. Uptrend makes losses more likely, but they should be cushioned by the slow trading.
Dollar/Yen has been trending South and decline puts the pair point 32% in the red at 12 o’clock. Turnover is low and neutral sentiment is 2% long. Bearish morning session has provided plenty of profit opportunities for those who were short.
Pound/Yen rose by 59 pips from the early low and the pair stood point 19% up from the opening level at midday. Traded volume is extremely low and sentiment of the traders is neutral, 5% short. Bulls had some chances during the rise, but the calm trading is the limiting factor.
Euro/Yen shows limited rate movement, high and low difference is just 43 pips and the pair has attracted less than half of the monthly average funds. Sentiment of the traders is neutral, 7% long. Both the slow rate movement and passive trading suggest no major changes in funds are likely.
I’m ____________ and this brings Friday’s Midday Snapshot to an end, but we`ll see you again next year!
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