It’s 12 PM GMT this Wednesday, and the Dukascopy TV team is here with another Midday Snapshot. Euro/Dollar took a sharp decline, which has resulted in a loss of point 68%. Traded volume is average and most of the funds were in long positions. The rate went in the opposite direction to those forecasts, making losses more likely. Pound/Dollar has plummeted as well and a loss of point 54% was posted at noon. The Cable sees 36% more than typical funds and sentiment is neutral, 2% short. Sharp decline suggests a successful morning session for those who were in short positions. Dollar/Yen has been on a rise, moving towards the 113 level. Traded volume is average and sentiment is neutral, short positions are up by 2%. Uptrend has provided plenty of profit opportunities for bullish market players. Pound/Yen dropped by more than 100 pips and slide has resulted in a loss of point 31%. Traded volume is high and neutral sentiment is at an even balance. Bears saw solid profit chances as the pair moved lower. Euro/Yen declined to trade point 45% in the red at noon. Turnover is high and neutral sentiment of the traders is 13% long. Decline has provided profit opportunities for bearish market players. And that’s how things look so far. I’m Jack Everitt and goodbye for now.
It’s 12 PM GMT this Wednesday, and the Dukascopy TV team is here with another Midday Snapshot.
Euro/Dollar took a sharp decline, which has resulted in a loss of point 68%. Traded volume is average and most of the funds were in long positions. The rate went in the opposite direction to those forecasts, making losses more likely.
Pound/Dollar has plummeted as well and a loss of point 54% was posted at noon. The Cable sees 36% more than typical funds and sentiment is neutral, 2% short. Sharp decline suggests a successful morning session for those who were in short positions.
Dollar/Yen has been on a rise, moving towards the 113 level. Traded volume is average and sentiment is neutral, short positions are up by 2%. Uptrend has provided plenty of profit opportunities for bullish market players.
Pound/Yen dropped by more than 100 pips and slide has resulted in a loss of point 31%. Traded volume is high and neutral sentiment is at an even balance. Bears saw solid profit chances as the pair moved lower.
Euro/Yen declined to trade point 45% in the red at noon. Turnover is high and neutral sentiment of the traders is 13% long. Decline has provided profit opportunities for bearish market players.
And that’s how things look so far. I’m Jack Everitt and goodbye for now.
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