EUR/USD Declines Towards 1.14
November 8, 2018 2:45 pmVideo
Latest News
- Forecast for EUR/USD on April 18, 2024 April 18, 2024
- Forecast for GBP/USD on April 18, 2024 April 18, 2024
- Forecast for AUD/USD on April 18, 2024 April 18, 2024
- Outlook for GBP/USD on April 18. Pound was not impressed by the inflation data April 18, 2024
- Outlook for EUR/USD on April 18. Euro has fallen into a new flat April 18, 2024
- GBP/USD. Correction or trend reversal? April 18, 2024
- The FOMC will not lower rates in 2024 April 18, 2024
- Powell made a bold point, and Bailey did not report anything important April 18, 2024
- Will the euro take a risk? April 18, 2024
- Trading Signals for GOLD (XAU/USD) for April 17-19, 2024: sell below $2,400 (21 SMA – double top) April 17, 2024
- Technical Analysis – GBPCAD hits a wall but bulls not ready to give up April 17, 2024
- Trading Signals for Ethereum (ETH/USD) for April 17-19, 2024: sell below $3,125 (21 SMA – 2/8 Murray) April 17, 2024
- Analysis for the EUR/USD pair on April 17th. Jerome Powell didn’t help the dollar much April 17, 2024
- Analysis for GBP/USD pair on April 17th. British inflation overtakes American inflation April 17, 2024
- USD/JPY: Simple Trading tips for novice traders on April 17th (US session) April 17, 2024
- GBP/USD: Simple trading tips for novice traders on April 17th (US session) April 17, 2024
- EUR/USD: Simple trading tips for novice traders on April 17th (US session) April 17, 2024
- GBP/USD: trading plan for the US session on April 17th (analysis of morning deals) April 17, 2024
- Technical Analysis – EURUSD takes a breather after sharp tumble April 17, 2024
- Market continues to price in a plethora of rate cuts for 2024 – Special Report April 17, 2024
It’s 12 PM GMT this Thursday, and the Dukascopy TV team is here with another Midday Snapshot.
Euro/Dollar has continued moving lower, declining by 41 pips to hit the daily low just pips above the 1 14 level. Turnover is low and sentiment of the traders is neutral, 2% short. Gradual decline has provided some chances for bears, but moves in funds should be limited by the calm trading approach.
Pound/Dollar declined after 8 AM to trade point 17% in the red at noon. The Cable sees 27% more than typical funds and most of them were in long positions. Late decline has brought risks for the market players.
Dollar/yen rose slowly and a slight gain was posted at midday. Traders have used just half of the monthly average funds and sentiment is neutral, 3% short. Gradual rise has provided some limited profit chances for those who were long.
Pound/Yen’s rise was followed by a slide, which has wiped out all of the gain. Turnover is high and most of the traders have been forecasting the pair to head lower. Trading should be successful if it was done after the daily high was reached.
Euro/Yen’s trend has changed and the pair has traded in a total range of 43 pips. Traded volume is extremely low and most of the funds were in short positions. There were some profit chances after the daily high was reached, but both the calm rate movement and passive trading approach are limiting factors.
That’s how things look so far. I’m Kiays Khalil and goodbye for now.
You can view this video and the full video archive on the Dukascopy TV page: http://www.dukascopy.com/tv/en/#262071
Смотрите Dukascopy TV на вашем языке: http://www.youtube.com/user/dukascopytvrussian
用您的语言观看杜高斯贝电视: http://www.youtube.com/user/dukascopytvchinese
Miren Dukascopy TV en su idioma: http://www.youtube.com/user/dukascopytvspanish
Schauen Sie Dukascopy TV in Ihrer Sprache: http://www.youtube.com/user/dukascopytvgerman
Regardez la Dukascopy TV dans votre langue: http://www.youtube.com/user/dukascopytvfrench
Veja a TV Dukascopy na sua língua: http://www.youtube.com/user/dukascopytvpt
Dukascopy TV is a free educational project producing daily updates on global markets, visit http://Dukascopy.com/tv for more
Related Posts: