EUR/USD Rises Above 1.13
December 17, 2018 12:44 pmVideo
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Find out how successful traders have been on the FX markets so far this Monday by watching the Dukascopy Midday Snapshot.
Euro/dollar has been trending up and a gain of point 41 percent was posted. Traded volume is average and neutral sentiment of the traders is leaning towards the short side by eight percent. Gradual uptrend makes a successful morning session more likely for those who were in long positions.
Pound/Dollar has been on a rise, putting the pair point 44 percent in the green at noon. The Cable sees less than half of the monthly average funds and neutral sentiment is 10 percent short. Uptrend has provided plenty of profit opportunities for the bullish market players.
Dollar/Yen took a sharp decline after 6 AM and a slight loss was posted at midday. Traded volume is average and neutral sentiment of the traders is 9 percent short. Downtrend makes a successful morning session more likely for bears.
Pound/Yen rose above the 143 level to trade point 3 percent in the green at 12 o’clock. Traders have used just half of the monthly average funds trading this pair and neutral sentiment is just 4 percent long. Profits are more likely for bulls, but the passive trading approach is the limiting factor.
Euro/Yen has been trending up and a gain of point 27 percent was posted at noon. Traded volume is extremely low and neutral sentiment of the traders is 12 percent short. Gradual rise suggests a successful start of the day is more likely for bulls.
I’m Jack Everitt and that’s it for the 12 o’clock Midday Snapshot report. Goodbye for now.
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