This is the Dukascopy Midday Snapshot, where we take a look at how market participants have performed over the 12 hours to noon. Euro/Dollar moved briefly above the 1 16 level as it gained a total of 52 pips. Turnover is high and neutral sentiment of the traders is 7% short. Uptrend has provided profit opportunities for those who were in long positions. The Cable has been calmer than usual, gaining a total of 37 pips. Pound/dollar sees a typical amount of funds and neutral sentiment of the traders is 5% short. Slow rise has provided some chances for bullish market players. Dollar/Yen’s session was mostly flat and the rate declined by 24 pips after 8 AM. Traded volume is average and most of the traders have been forecasting the pair to head higher. Late decline has brought some risks for investors. Pound/Yen has walked in a total range of just 44 pips and the pair sees 24% less than typical funds. Sentiment of the traders is bearish, short positions are up by 23%. Traders saw some profit opportunities after 7 AM, but the narrow price movement range and passive trading approach are limiting factors. Euro/Yen rose slowly by 41 pips to hit the daily high of 129. Traded volume is average and bearish sentiment of the traders is 20% short. Rise means risks for investors, but they should be cushioned by the passive trading approach and narrow price movement range. I’m Kiays Khalil and you’ve been watching the Midday Snapshot for Tuesday.
This is the Dukascopy Midday Snapshot, where we take a look at how market participants have performed over the 12 hours to noon.
Euro/Dollar moved briefly above the 1 16 level as it gained a total of 52 pips. Turnover is high and neutral sentiment of the traders is 7% short. Uptrend has provided profit opportunities for those who were in long positions.
The Cable has been calmer than usual, gaining a total of 37 pips. Pound/dollar sees a typical amount of funds and neutral sentiment of the traders is 5% short. Slow rise has provided some chances for bullish market players.
Dollar/Yen’s session was mostly flat and the rate declined by 24 pips after 8 AM. Traded volume is average and most of the traders have been forecasting the pair to head higher. Late decline has brought some risks for investors.
Pound/Yen has walked in a total range of just 44 pips and the pair sees 24% less than typical funds. Sentiment of the traders is bearish, short positions are up by 23%. Traders saw some profit opportunities after 7 AM, but the narrow price movement range and passive trading approach are limiting factors.
Euro/Yen rose slowly by 41 pips to hit the daily high of 129. Traded volume is average and bearish sentiment of the traders is 20% short. Rise means risks for investors, but they should be cushioned by the passive trading approach and narrow price movement range.
I’m Kiays Khalil and you’ve been watching the Midday Snapshot for Tuesday.
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