Let’s see how traders have performed during the morning session on the final trading day of May. Euro/Dollar climbed above the 1 17 level as it gained a total of 76 pips. Traders have used 20% less than typical funds trading this pair and the neutral sentiment of the market players is 3% long. Rise makes profits more likely for bulls, but the late correction provided some chances for bears as well. Pound/Dollar stood point 33% in the green at noon as uptrend lasted throughout the session. The Cable sees just half of the monthly average funds and neutral sentiment of the traders is 2% short. There have been plenty of profit chances for bulls, but the slow trading approach is the limiting factor. Dollar/Yen rose briefly above the 109 level and the pair has attracted 32% less than average funds. Most of them have been driven by bearish expectations. Uptrend has brought some risks, but the passive trading approach is the cushion. Pound/Yen has had a bullish session and rise has resulted in a gain of point 58%. Traded volume is high and sentiment of the traders is bearish, short positions are up by 16%. The rate went in the opposite direction to those forecasts and losses are more likely. Euro/Yen’s chart shows a rise and a gain of point 48% was recorded at midday. Traded volume is extremely high and sentiment of the traders is neutral, short positions are up by 3%. Uptrend has provided solid profit opportunities for those who were long. I’m Jack Everitt and that’s all for Thursday’s Midday Snapshot brought to you by the Dukascopy TV Team.
Let’s see how traders have performed during the morning session on the final trading day of May.
Euro/Dollar climbed above the 1 17 level as it gained a total of 76 pips. Traders have used 20% less than typical funds trading this pair and the neutral sentiment of the market players is 3% long. Rise makes profits more likely for bulls, but the late correction provided some chances for bears as well.
Pound/Dollar stood point 33% in the green at noon as uptrend lasted throughout the session. The Cable sees just half of the monthly average funds and neutral sentiment of the traders is 2% short. There have been plenty of profit chances for bulls, but the slow trading approach is the limiting factor.
Dollar/Yen rose briefly above the 109 level and the pair has attracted 32% less than average funds. Most of them have been driven by bearish expectations. Uptrend has brought some risks, but the passive trading approach is the cushion.
Pound/Yen has had a bullish session and rise has resulted in a gain of point 58%. Traded volume is high and sentiment of the traders is bearish, short positions are up by 16%. The rate went in the opposite direction to those forecasts and losses are more likely.
Euro/Yen’s chart shows a rise and a gain of point 48% was recorded at midday. Traded volume is extremely high and sentiment of the traders is neutral, short positions are up by 3%. Uptrend has provided solid profit opportunities for those who were long.
I’m Jack Everitt and that’s all for Thursday’s Midday Snapshot brought to you by the Dukascopy TV Team.
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