EUR/USD Hits The 1.16 Level
August 24, 2018 12:32 pmVideo
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We’re here to let you know how trading has been shaping up for market players during the morning session on this week’s last trading day.
Euro/Dollar has been on a rise as the pair hit the 1 16 level. Traded volume is average and neutral sentiment of the traders is leaning towards the short side by 2%. Uptrend has provided plenty of profit opportunities for those who were in long positions.
Pound/Dollar moved up during most of the session and a gain of point 3% was posted at noon. The Cable sees less than half of the monthly average funds and neutral sentiment is leaning towards the long side by 10%. Bulls have been in better positions here as well.
Dollar/Yen shows limited rate movement of just 21 pips and the pair has attracted 27% less than typical funds. Bullish sentiment is 19% long. Rate movement has been flat and trading slow, so no significant moves in trading accounts are likely.
Pound/Yen has gained a total of 73 pips to trade point 25% in the green at 12 o’clock. Turnover is low and neutral sentiment of the traders is 12% long. Uptrend suggests a successful morning session is more likely for bullish traders.
Euro/Yen has shot up by 64 pips and a gain of point 4% was recorded at noon. Traded volume is low and sentiment of the traders is neutral, long positions are in the lead by 10%. The rate has been on a rise, providing profit opportunities for those who were in long positions.
I’m Jack Everitt and that’s it for Friday’s Midday Snapshot.
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