Find out how successful traders have been on the FX markets so far this Monday by watching the Dukascopy Midday Snapshot. Euro/Dollar declined by 53 pips, but most of the loss was recovered afterwards. Traded volume is extremely low and neutral sentiment of the traders is 10% long. Changing trend has provided both sides with their profit chances, but the passive trading approach is the limiting factor. Pound/Dollar’s decline was followed by a rise, which put the pair slightly in the green. The Cable has been traded passively as well and most of the funds were in long positions. Traders saw their profit opportunities after 7 o’clock in the morning. Dollar/Yen declined sharply during the early trading hours and a loss of a quarter of a percent was posted at noon. Traded volume is extremely low and neutral sentiment is just 3% short. Early decline makes profits more likely for those who were in short positions. Pound/Yen has shifted South and a slight loss was posted at midday. Trading has been passive, volume is extremely low and most of the funds were in short positions. The rate did go per those expectations and a more active trading approach would have increased profits. Euro/Yen has declined by 82 pips and the pair stood point 38% in the red at 12 o’clock. Turnover is low and most of the traders have been forecasting the pair to head higher. It went in the opposite direction to those forecasts, but the slow trading approach should cushion losses. I’m Jack Everitt and that’s it for the 12 o’clock Midday Snapshot report. Goodbye for now.
Find out how successful traders have been on the FX markets so far this Monday by watching the Dukascopy Midday Snapshot.
Euro/Dollar declined by 53 pips, but most of the loss was recovered afterwards. Traded volume is extremely low and neutral sentiment of the traders is 10% long. Changing trend has provided both sides with their profit chances, but the passive trading approach is the limiting factor.
Pound/Dollar’s decline was followed by a rise, which put the pair slightly in the green. The Cable has been traded passively as well and most of the funds were in long positions. Traders saw their profit opportunities after 7 o’clock in the morning.
Dollar/Yen declined sharply during the early trading hours and a loss of a quarter of a percent was posted at noon. Traded volume is extremely low and neutral sentiment is just 3% short. Early decline makes profits more likely for those who were in short positions.
Pound/Yen has shifted South and a slight loss was posted at midday. Trading has been passive, volume is extremely low and most of the funds were in short positions. The rate did go per those expectations and a more active trading approach would have increased profits.
Euro/Yen has declined by 82 pips and the pair stood point 38% in the red at 12 o’clock. Turnover is low and most of the traders have been forecasting the pair to head higher. It went in the opposite direction to those forecasts, but the slow trading approach should cushion losses.
I’m Jack Everitt and that’s it for the 12 o’clock Midday Snapshot report. Goodbye for now.
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