It’s 12 PM GMT on this Thursday, and the Dukascopy TV team is here with another Midday Snapshot. Euro/Dollar rose sharply to break through the 1 14 level. Trading has been active, volume is high and neutral sentiment is leaning towards the short side by 13%. Steep rise has provided plenty of profit opportunities for those who were in long positions. Pound/Dollar has moved sharply up and a gain of more than 1% was posted at noon. The Cable sees 84% more than typical funds and neutral sentiment of the traders is 8% short. Sharp rise puts bullish market players in better positions so far today. Dollar/Yen shows limited rate movement of 28 pips, but the pair has attracted a typical amount of funds. Sentiment is neutral, long positions are up by 11%. Both sides have seen only limited profit opportunities due to the narrow price movement range. Pound/Yen has shot up by close to 200 pips and a gain of more than 1% has been recorded. Turnover is high and sentiment of the traders is neutral, short positions are up by 11%. Uptrend puts bullish market players in better positions so far today. Euro/Yen’s chart shows a steep rise and it has resulted in a gain of point 75%. Traded volume is low and most of the funds were in short positions. Steep rise has brought risks, but the calm trading approach is the cushion. That’s how things look so far. I’m Kiays Khalil and goodbye for now.
It’s 12 PM GMT on this Thursday, and the Dukascopy TV team is here with another Midday Snapshot.
Euro/Dollar rose sharply to break through the 1 14 level. Trading has been active, volume is high and neutral sentiment is leaning towards the short side by 13%. Steep rise has provided plenty of profit opportunities for those who were in long positions.
Pound/Dollar has moved sharply up and a gain of more than 1% was posted at noon. The Cable sees 84% more than typical funds and neutral sentiment of the traders is 8% short. Sharp rise puts bullish market players in better positions so far today.
Dollar/Yen shows limited rate movement of 28 pips, but the pair has attracted a typical amount of funds. Sentiment is neutral, long positions are up by 11%. Both sides have seen only limited profit opportunities due to the narrow price movement range.
Pound/Yen has shot up by close to 200 pips and a gain of more than 1% has been recorded. Turnover is high and sentiment of the traders is neutral, short positions are up by 11%. Uptrend puts bullish market players in better positions so far today.
Euro/Yen’s chart shows a steep rise and it has resulted in a gain of point 75%. Traded volume is low and most of the funds were in short positions. Steep rise has brought risks, but the calm trading approach is the cushion.
That’s how things look so far. I’m Kiays Khalil and goodbye for now.
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