This is the Dukascopy Midday Snapshot for Wednesday, where we’ll take a closer look at how well the market players have worked out the rate movements. Euro/Dollar has been on a rise and it has resulted in a gain of point 86%. Traded volume is average and neutral sentiment of the market players is 8% short. Sharp rise suggests a successful start of the day for those who had long positions. Pound/Dollar has appreciated by a total of 55 pips to trade point 26% in the green at noon. The Cable sees just half of the monthly average funds and neutral sentiment of the traders is almost at an even balance. There were some chances for bulls, but the passive trading approach is the liming factor. Dollar/Yen has been trending higher as well and a gain of point 51% has been posted. Turnover is high and neutral sentiment of the traders is 3% long. Uptrend has provided profit opportunities for those who were in long positions. Pound/Yen has gained ground as well and rise puts the pair point 78% in the green. Trading has been active, volume is high and most of the traders have been forecasting the pair to head lower. It went in the opposite direction to those forecasts, making losses more likely. Euro/Yen has gained almost 200 pips to trade 1.38% up from the opening level at noon. Traded volume is a massive 194% up from the monthly average and sentiment is neutral, 2% long. Steep rise has provided plenty of profit chances for bulls. I’m Jack Everitt and that’s all for Wednesday’s Midday Snapshot.
This is the Dukascopy Midday Snapshot for Wednesday, where we’ll take a closer look at how well the market players have worked out the rate movements.
Euro/Dollar has been on a rise and it has resulted in a gain of point 86%. Traded volume is average and neutral sentiment of the market players is 8% short. Sharp rise suggests a successful start of the day for those who had long positions.
Pound/Dollar has appreciated by a total of 55 pips to trade point 26% in the green at noon. The Cable sees just half of the monthly average funds and neutral sentiment of the traders is almost at an even balance. There were some chances for bulls, but the passive trading approach is the liming factor.
Dollar/Yen has been trending higher as well and a gain of point 51% has been posted. Turnover is high and neutral sentiment of the traders is 3% long. Uptrend has provided profit opportunities for those who were in long positions.
Pound/Yen has gained ground as well and rise puts the pair point 78% in the green. Trading has been active, volume is high and most of the traders have been forecasting the pair to head lower. It went in the opposite direction to those forecasts, making losses more likely.
Euro/Yen has gained almost 200 pips to trade 1.38% up from the opening level at noon. Traded volume is a massive 194% up from the monthly average and sentiment is neutral, 2% long. Steep rise has provided plenty of profit chances for bulls.
I’m Jack Everitt and that’s all for Wednesday’s Midday Snapshot.
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