The morning session is over on this Wednesday, and it’s time for the Dukascopy Midday Snapshot. Euro/Dollar has seen its trend change and only a slight loss was posted at noon. Turnover is high and sentiment of the traders is neutral, long positions are up by 3%. A single trend hasn’t formed during the morning session, providing both sides with their profit opportunities. Pound/Dollar has shifted South and a loss of point 3% has been recorded. The Cable sees a typical amount of funds and sentiment of the traders is neutral, 10% long. Decline puts bearish market players in better positions so far today. Dollar/Yen shot up early in the session by 32 pips, but most of the gains were given up afterwards. Traded volume is high and sentiment of the traders is neutral, but short positions are up by 13%. Success depends on the timing of the trades as a single trend hasn’t formed. Pound/Yen declined by more than 100 pips to hit the daily low of 142 65. Traded volume is average and sentiment is neutral, long positions are up by just 6%. Downtrend makes a successful morning session more likely for those who were in short positions. Euro/Yen’s decline was followed by a rise, which puts the pair slightly in the green at 12 o’clock. This pair sees 51% more than typical funds and neutral sentiment is leaning towards the long side by 12%. Both sides have had their chances as a single trend didn’t form. You’ve been watching the Midday Snapshot for Wednesday with me, Jack Everitt.
The morning session is over on this Wednesday, and it’s time for the Dukascopy Midday Snapshot.
Euro/Dollar has seen its trend change and only a slight loss was posted at noon. Turnover is high and sentiment of the traders is neutral, long positions are up by 3%. A single trend hasn’t formed during the morning session, providing both sides with their profit opportunities.
Pound/Dollar has shifted South and a loss of point 3% has been recorded. The Cable sees a typical amount of funds and sentiment of the traders is neutral, 10% long. Decline puts bearish market players in better positions so far today.
Dollar/Yen shot up early in the session by 32 pips, but most of the gains were given up afterwards. Traded volume is high and sentiment of the traders is neutral, but short positions are up by 13%. Success depends on the timing of the trades as a single trend hasn’t formed.
Pound/Yen declined by more than 100 pips to hit the daily low of 142 65. Traded volume is average and sentiment is neutral, long positions are up by just 6%. Downtrend makes a successful morning session more likely for those who were in short positions.
Euro/Yen’s decline was followed by a rise, which puts the pair slightly in the green at 12 o’clock. This pair sees 51% more than typical funds and neutral sentiment is leaning towards the long side by 12%. Both sides have had their chances as a single trend didn’t form.
You’ve been watching the Midday Snapshot for Wednesday with me, Jack Everitt.
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