It’s time once again for the Dukascopy Midday Snapshot. Here’s a look at how market participants have performed over the 12 hour to midday. Euro/Dollar has traded in a total range of 37 pips and the pair sees 29% less than typical funds. Sentiment of the market players is neutral, short positions are up by just 2%. No significant changes in trading accounts are likely due to the narrow price movement range and slow trading. Pound/Dollar’s gradual decline was followed by a rise, which took the rate point 2% up from the opening level at noon. The Cable sees 26% less than typical funds and neutral sentiment of the traders is 2% short. Bears had their chances during the gradual decline, but the following rise was good news for those who were long. Dollar/Yen has seen its trend change and the pair was back near the opening level at midday. Turnover is average and sentiment of the market players is neutral. The pair has seen both ups and downs, so both sides have had their profit chances. Pound/Yen hit the low of 137 75 hours into the session, but all of the loss was recovered in a following rise. This pair sees 40% more than typical funds and sentiment of the traders is neutral, just 3% long. Success depends on the timing of the trades due to the changing trend. Euro/Yen has been trending lower and the pair was point 19% in the red at 12 o’clock. Turnover is low and most of the funds have been driven by bullish expectations. Downtrend makes losses more likely, but they should be cushioned by the calm trading. I’m Kiays Khalil and that brings Thursday’s Midday Snapshot to an end. As usual, these stats are updated on a regular basis throughout the day, so stay tuned.
It’s time once again for the Dukascopy Midday Snapshot. Here’s a look at how market participants have performed over the 12 hour to midday.
Euro/Dollar has traded in a total range of 37 pips and the pair sees 29% less than typical funds. Sentiment of the market players is neutral, short positions are up by just 2%. No significant changes in trading accounts are likely due to the narrow price movement range and slow trading.
Pound/Dollar’s gradual decline was followed by a rise, which took the rate point 2% up from the opening level at noon. The Cable sees 26% less than typical funds and neutral sentiment of the traders is 2% short. Bears had their chances during the gradual decline, but the following rise was good news for those who were long.
Dollar/Yen has seen its trend change and the pair was back near the opening level at midday. Turnover is average and sentiment of the market players is neutral. The pair has seen both ups and downs, so both sides have had their profit chances.
Pound/Yen hit the low of 137 75 hours into the session, but all of the loss was recovered in a following rise. This pair sees 40% more than typical funds and sentiment of the traders is neutral, just 3% long. Success depends on the timing of the trades due to the changing trend.
Euro/Yen has been trending lower and the pair was point 19% in the red at 12 o’clock. Turnover is low and most of the funds have been driven by bullish expectations. Downtrend makes losses more likely, but they should be cushioned by the calm trading.
I’m Kiays Khalil and that brings Thursday’s Midday Snapshot to an end. As usual, these stats are updated on a regular basis throughout the day, so stay tuned.
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