We’re here to let you know how trading has been shaping up for market players during the morning session on this week’s last trading day. Euro/Dollar rose by just 23 pips, but that was enough to break through the 1.14 level. Traded volume is low and neutral sentiment of the traders is at an even balance. Gradual rise has provided some profit chances for bullish market players. Pound/Dollar has been trending South and a loss of point 39 percent was posted at noon. The Cable sees 36 percent less than typical funds and most of them were driven by bullish expectations. Decline has brought risks, but the calm trading approach is the cushion for losses. Dollar/Yen has been on a rise and it puts the pair point 33 percent in the green at 12 o’clock. Trading has been slow, volume is extremely low and neutral sentiment of the traders is 8 percent short. Bulls have been in better positions so far today, but the passive trading approach is the limiting factor. Pound/Yen stood a fraction in the red at noon after walking in a total range of 61 pips. Traded volume is extremely low and most of the traders have been forecasting the pair to head lower. There should be no signifiant profits or losses due to the calm rate movement and passive trading approach. Euro/Yen has been on a rise and it has resulted in a gain of point 44 percent. This pair sees less than half of the monthly average funds and most of them were in short positions. Uptrend makes losses more likely, but they shouldn’t be significant due to the calm trading approach. I’m Kiays Khalil and that’s it for Friday’s Midday Snapshot.
We’re here to let you know how trading has been shaping up for market players during the morning session on this week’s last trading day.
Euro/Dollar rose by just 23 pips, but that was enough to break through the 1.14 level. Traded volume is low and neutral sentiment of the traders is at an even balance. Gradual rise has provided some profit chances for bullish market players.
Pound/Dollar has been trending South and a loss of point 39 percent was posted at noon. The Cable sees 36 percent less than typical funds and most of them were driven by bullish expectations. Decline has brought risks, but the calm trading approach is the cushion for losses.
Dollar/Yen has been on a rise and it puts the pair point 33 percent in the green at 12 o’clock. Trading has been slow, volume is extremely low and neutral sentiment of the traders is 8 percent short. Bulls have been in better positions so far today, but the passive trading approach is the limiting factor.
Pound/Yen stood a fraction in the red at noon after walking in a total range of 61 pips. Traded volume is extremely low and most of the traders have been forecasting the pair to head lower. There should be no signifiant profits or losses due to the calm rate movement and passive trading approach.
Euro/Yen has been on a rise and it has resulted in a gain of point 44 percent. This pair sees less than half of the monthly average funds and most of them were in short positions. Uptrend makes losses more likely, but they shouldn’t be significant due to the calm trading approach.
I’m Kiays Khalil and that’s it for Friday’s Midday Snapshot.
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