Hello. I’m Ben Jones and this is the Midday Snapshot brought to you by the Dukascopy Forex TV Team. It’s Thursday and here’s a look at how market players have performed over the morning session. Most of the day has been bearish for the Euro/Dollar and the pair stood point 35% in the red at noon after rising from the daily low. Traded volume is average and the sentiment is neutral, 4% long. Bears have been in better positions so far, but the late rise provided bulls with some limited chances. Day has been relatively slow for the Cable, which has been traded in a total range of 49 pips, attracting 27% less than usual funds. Trader’s sentiment is neutral, just 5% short. Slow trading and low volatility should limit moves in funds for both sides. Dollar/Yen rose by a total of 47 pips, but a following correction has wiped out most of the gains. Traded volume is extremely low and the sentiment is neutral, 11% short. Trend has changed, providing both of the sides with their chances, but profits and losses should be limited by the calm trading. Pound/Yen has been trending North and it was just slightly in the green at 12 o`clock due to a late correction. This pair sees less than half of the monthly average funds and the sentiment is bullish, 15% long. The rate did go per the bullish forecasts for hours and only the slow trading limits profits for investors. Euro/Yen’s day has been bearish so far and a loss of point 2% was recorded at midday. Traded volume is average and the sentiment is strongly bullish, long positions dominate by 49%. The gradual downtrend makes losses more likely for market players. That wraps up Thursday’s Midday Snapshot. The latest stats will be available on an hourly basis throughout the day so check back in.
Hello. I’m Ben Jones and this is the Midday Snapshot brought to you by the Dukascopy Forex TV Team. It’s Thursday and here’s a look at how market players have performed over the morning session.
Most of the day has been bearish for the Euro/Dollar and the pair stood point 35% in the red at noon after rising from the daily low. Traded volume is average and the sentiment is neutral, 4% long. Bears have been in better positions so far, but the late rise provided bulls with some limited chances.
Day has been relatively slow for the Cable, which has been traded in a total range of 49 pips, attracting 27% less than usual funds. Trader’s sentiment is neutral, just 5% short. Slow trading and low volatility should limit moves in funds for both sides.
Dollar/Yen rose by a total of 47 pips, but a following correction has wiped out most of the gains. Traded volume is extremely low and the sentiment is neutral, 11% short. Trend has changed, providing both of the sides with their chances, but profits and losses should be limited by the calm trading.
Pound/Yen has been trending North and it was just slightly in the green at 12 o`clock due to a late correction. This pair sees less than half of the monthly average funds and the sentiment is bullish, 15% long. The rate did go per the bullish forecasts for hours and only the slow trading limits profits for investors.
Euro/Yen’s day has been bearish so far and a loss of point 2% was recorded at midday. Traded volume is average and the sentiment is strongly bullish, long positions dominate by 49%. The gradual downtrend makes losses more likely for market players.
That wraps up Thursday’s Midday Snapshot. The latest stats will be available on an hourly basis throughout the day so check back in.
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