Bears On Top
September 28, 2018 1:07 pmVideo
Latest News
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It’s time for the midday snapshot where we assess the performance of traders until 12PM GMT this Friday.
First up we look at EUR/USD where a drop of 81 pips leaves the pair point 46% in the red at midday. Trading has been calm and sentiment is neutral. It looks like a good day for bears here so far.
Next we turn our attention to GBP/USD, where a drop of 58 pips leaves the pair point 25% in the red at midday. Trading has been fairly calm, with 14% less than typical funds and sentiment is neutral at just 1% long. Another good pair for bears so far.
Next up is USD/JPY where the biggest move was a drop of 33 pips after a solid start to the day, this drop leaves the pair just point 03% in the green at midday. Trading has been active with 86% more than typical funds and sentiment is Bearish at 33% short. A good day for traders if trades were executed before the drop.
The penultimate pair in this report is the GBP/JPY where a drop of 89 pips leaves the pair point 28% in the red at midday. Trading has been calm and sentiment is neutral at 8% short. A good day so far for bears here.
Finally we look at the EUR/JPY where a sharp drop of 111 pips leaves the pair point 48% in the red at midday. Trading has been very calm and sentiment is strongly bullish at 50% long. A bad day for traders here after a significant drop.
That’s all for this midday snapshot with myself Jack Everitt, thanks for watching, we’ll be back with more on Monday, until then, goodbye.
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