We’re halfway through this week’s last trading day, so let’s see how things are shaping up for the market players. Euro/Dollar rose by 41 pips to trade slightly in the green at 12 o’clock. Traded volume is average and most of the funds were in short positions. Gradual uptrend has brought risks for investors, but the narrow price movement range is the cushion for losses. Pound/Dollar declined sharply by 73 pips to post a loss of point 35 percent. Traded volume is high and the neutral sentiment of the traders is close to an even balance. Late decline has provided solid profit chances for bears. Dollar/Yen has had a slow session, walking in a total range of 24 pips and attracting less than half of the monthly average funds. Neutral sentiment is just one percent short. Both the calm trading and the flat rate movement suggest no significant moves in funds. Pound/Yen declined after 8 AM and a loss of point 31 percent has been posted. Trading has been active, volume is extremely high and sentiment of the traders is neutral, 8 percent short. Late drop was good news for those who were in short positions. Euro/Yen rose after the early decline and a gain of point 22 percent has been recorded. Traded volume is extremely low and the bearish sentiment of the traders is 21 percent short. Gradual uptrend has brought risks for investors, but the calm trading approach is the cushion for losses. I’m Kiays Khalil and this concludes the Midday Snapshot for Friday.
We’re halfway through this week’s last trading day, so let’s see how things are shaping up for the market players.
Euro/Dollar rose by 41 pips to trade slightly in the green at 12 o’clock. Traded volume is average and most of the funds were in short positions. Gradual uptrend has brought risks for investors, but the narrow price movement range is the cushion for losses.
Pound/Dollar declined sharply by 73 pips to post a loss of point 35 percent. Traded volume is high and the neutral sentiment of the traders is close to an even balance. Late decline has provided solid profit chances for bears.
Dollar/Yen has had a slow session, walking in a total range of 24 pips and attracting less than half of the monthly average funds. Neutral sentiment is just one percent short. Both the calm trading and the flat rate movement suggest no significant moves in funds.
Pound/Yen declined after 8 AM and a loss of point 31 percent has been posted. Trading has been active, volume is extremely high and sentiment of the traders is neutral, 8 percent short. Late drop was good news for those who were in short positions.
Euro/Yen rose after the early decline and a gain of point 22 percent has been recorded. Traded volume is extremely low and the bearish sentiment of the traders is 21 percent short. Gradual uptrend has brought risks for investors, but the calm trading approach is the cushion for losses.
I’m Kiays Khalil and this concludes the Midday Snapshot for Friday.
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