We’re halfway through the last trading day of the week, so let’s take a look of the performance of the traders with the Midday Snapshot. Euro/Dollar rose gradually and uptrend has resulted in a gain of point 3 percent. Trading has been active, volume is high and most of the funds were in short positions. The gradual uptrend has brought risks for the market players that were mostly expecting the rate to head South. Pound/Dollar has seen its trend change and only a slight loss was posted at noon. The Cable sees 85 percent more than typical funds and sentiment of the traders is neutral, 11 percent short. Trend has changed for this pair, providing profit chances for both sides. Dollar/Yen was moving gradually up towards the 110 level and uptrend has resulted in a slight gain. Trading has been active, volume is high and the neutral sentiment of the traders is 4 percent short. The slow rise makes a successful start of the day more likely for bulls. The trend has changed for the Pound/Yen and the pair was back near the opening level at noon. Trading has been active, volume is extremely high and the neutral sentiment of the traders is eight percent short. Success depends on the timing of the trades as a single trend didn’t form. Euro/Yen has had a bullish session and rise has resulted in a gain of point 49 percent. Traded volume is extremely low and most of the traders have been bearish in their expectations. The rate went in the opposite direction to those forecasts, but the passive trading approach is the cushion for losses. I’m Jack Everitt and that’s it for Friday’s Dukascopy Midday Snapshot.
We’re halfway through the last trading day of the week, so let’s take a look of the performance of the traders with the Midday Snapshot.
Euro/Dollar rose gradually and uptrend has resulted in a gain of point 3 percent. Trading has been active, volume is high and most of the funds were in short positions. The gradual uptrend has brought risks for the market players that were mostly expecting the rate to head South.
Pound/Dollar has seen its trend change and only a slight loss was posted at noon. The Cable sees 85 percent more than typical funds and sentiment of the traders is neutral, 11 percent short. Trend has changed for this pair, providing profit chances for both sides.
Dollar/Yen was moving gradually up towards the 110 level and uptrend has resulted in a slight gain. Trading has been active, volume is high and the neutral sentiment of the traders is 4 percent short. The slow rise makes a successful start of the day more likely for bulls.
The trend has changed for the Pound/Yen and the pair was back near the opening level at noon. Trading has been active, volume is extremely high and the neutral sentiment of the traders is eight percent short. Success depends on the timing of the trades as a single trend didn’t form.
Euro/Yen has had a bullish session and rise has resulted in a gain of point 49 percent. Traded volume is extremely low and most of the traders have been bearish in their expectations. The rate went in the opposite direction to those forecasts, but the passive trading approach is the cushion for losses.
I’m Jack Everitt and that’s it for Friday’s Dukascopy Midday Snapshot.
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