EUR/USD Hovers Near 1.14
November 6, 2018 12:56 pmVideo
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The morning session is over on this Tuesday, and it’s time for the Dukascopy Midday Snapshot.
Euro/Dollar shows limited rate movement of 35 pips and the pair has attracted just half of the monthly average funds. Neutral sentiment of the traders is 13% long, but no significant profits or losses are likely for both sides.
Pound/Dollar was back near the opening level at noon after walking in a total range of 65 pips. The Cable sees a typical amount of funds and neutral sentiment is close to an even balance. Shifting trend has provided both sides with equal profit opportunities.
Dollar/Yen rose gradually early in the session, but a following decline puts the pair slightly in the red. Traded volume is extremely low and sentiment of the traders is bullish, 15% long. Traders has some profit opportunities during the early trading hours.
Pound/Yen’s drop was followed by a rise and the pair was back at the opening level at 12 o’clock. Traded volume is average and sentiment of the traders is neutral, 9% short. The change in trend has provided both sides with their profit chances.
Euro/Yen declined by 62 pips after 7 AM and a slight loss was posted by noon. The pair sees less than half of the monthly average funds and sentiment is neutral, close to an even balance. Late decline has provided profit chances for those who were short.
I’m Kiays Khalil and that’s how things look so far for currency traders.
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