It’s time for the midday snapshot, where we assess the performance of the traders until 12pm GMT this Wednesday. Euro/Dollar has been trending slowly up and a gain of point 25 percent was posted at noon. Trading is active, volume is high and the sentiment of the traders stands at 13 percent short. The pair has been mostly moving up, putting bulls in better positions. The session has been relatively slow for the Cable as the high and low difference is 49 pips. Traded volume is low and neutral sentiment of the traders is 12 percent long. Both the calm trading approach and narrow price movement range suggest no significant profits or losses are likely. Dollar/Yen spiked early in the session and it has been trading sideways afterwards. Turnover is high and most of the traders have been forecasting the pair to head higher. There were some profit opportunities early on, but the relatively flat rate movement is the limiting factor. Pound/Yen has been trending slowly South to slip below the 142 level. Traded volume is low and neutral sentiment of the traders is leaning towards the short side by 11 percent. Decline has provided bears with some chances, but both profits and losses shouldn’t be significant. Euro/Yen rose by a total of 51 pips to trade slightly in the green at noon. The pair sees just half of the usual funds and the sentiment of the traders is neutral at 5 percent long. Profits are more likely for bulls, but the rate movement has been slow and trading passive. Well, that’s it for today, thank you for watching, have a wonderful Wednesday.
It’s time for the midday snapshot, where we assess the performance of the traders until 12pm GMT this Wednesday.
Euro/Dollar has been trending slowly up and a gain of point 25 percent was posted at noon. Trading is active, volume is high and the sentiment of the traders stands at 13 percent short. The pair has been mostly moving up, putting bulls in better positions.
The session has been relatively slow for the Cable as the high and low difference is 49 pips. Traded volume is low and neutral sentiment of the traders is 12 percent long. Both the calm trading approach and narrow price movement range suggest no significant profits or losses are likely.
Dollar/Yen spiked early in the session and it has been trading sideways afterwards. Turnover is high and most of the traders have been forecasting the pair to head higher. There were some profit opportunities early on, but the relatively flat rate movement is the limiting factor.
Pound/Yen has been trending slowly South to slip below the 142 level. Traded volume is low and neutral sentiment of the traders is leaning towards the short side by 11 percent. Decline has provided bears with some chances, but both profits and losses shouldn’t be significant.
Euro/Yen rose by a total of 51 pips to trade slightly in the green at noon. The pair sees just half of the usual funds and the sentiment of the traders is neutral at 5 percent long. Profits are more likely for bulls, but the rate movement has been slow and trading passive.
Well, that’s it for today, thank you for watching, have a wonderful Wednesday.
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