It’s 12 PM GMT on this Thursday, and it’s time for the Dukascopy Midday Snapshot. Euro/dollar shows limited rate movement of only 42 pips and the pair has attracted 46 percent more than usual funds. Neutral sentiment of the traders is just 5 percent short. The narrow price movement range is the limiting factor for both sides. Pound/Dollar has walk in a total range of just 50 pips. Traded volume is average and most of the funds were in short positions. The flat rate movement makes no significant moves in trading accounts likely. Dollar/Yen has been trending South and a loss of point 31 percent has been posted. Traded volume is low and neutral sentiment of the traders is six percent long. Downtrend makes a successful morning session more likely for those who were short. Pound/Yen has declined as well and a loss of point 2 percent was recorded at noon. Trading has been active, volume is extremely high and most of the traders have been forecasting the pair to head South. It did go per those expectations, suggesting profits for investors. Euro/Yen stood point 29 percent in the red at 12 o’clock as the rate declined. Traded volume is average and most of the funds have been driven by bullish expectations. The rate went in the opposite direction to those forecasts, making losses more likely. This was the Dukascopy Midday Snapshot for Thursday with me Kiays Khalil.
It’s 12 PM GMT on this Thursday, and it’s time for the Dukascopy Midday Snapshot.
Euro/dollar shows limited rate movement of only 42 pips and the pair has attracted 46 percent more than usual funds. Neutral sentiment of the traders is just 5 percent short. The narrow price movement range is the limiting factor for both sides.
Pound/Dollar has walk in a total range of just 50 pips. Traded volume is average and most of the funds were in short positions. The flat rate movement makes no significant moves in trading accounts likely.
Dollar/Yen has been trending South and a loss of point 31 percent has been posted. Traded volume is low and neutral sentiment of the traders is six percent long. Downtrend makes a successful morning session more likely for those who were short.
Pound/Yen has declined as well and a loss of point 2 percent was recorded at noon. Trading has been active, volume is extremely high and most of the traders have been forecasting the pair to head South. It did go per those expectations, suggesting profits for investors.
Euro/Yen stood point 29 percent in the red at 12 o’clock as the rate declined. Traded volume is average and most of the funds have been driven by bullish expectations. The rate went in the opposite direction to those forecasts, making losses more likely.
This was the Dukascopy Midday Snapshot for Thursday with me Kiays Khalil.
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