EUR/USD Drops Towards 1.12
November 12, 2018 12:54 pmVideo
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We’re halfway through this week’s first trading day, so let’s look back at the rate movements and trader performance.
Euro/Dollar took a slide and a loss of point 55% was posted at noon. Turnover is high and neutral sentiment of the traders is 9% long. Sharp slide suggests a successful morning session for those who were in short positions.
Pound/Dollar dropped below the 1 30 level and the pair was point 53% in the red at midday. The Cable sees 36% more than typical funds and neutral sentiment is 12% short. There have been plenty of profit opportunities for the small majority of the traders that were short.
Dollar/Yen has seen its trend change and the pair was back near the opening level at noon. Traded volume is low and neutral sentiment of the traders is 7% long. Both sides have had their profit chances as the trend changed after 6 AM.
Pound/Yen has been on a slide and it puts pair a half a percent in the red. Traded volume is high and neutral sentiment is 14% short. Bearish rate movement puts those who were short in better positions so far today.
Euro/Yen has dropped by more than 100 pips and the pair stood point 52% down from the opening level at 12 o’clock. Traded volume is low and neutral sentiment is 10% short. Sharp decline makes profits more likely for those who were short.
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