The first half of the trading day is over and it’s time for us to take a look at the performance of the traders with the Dukascopy Midday Snapshot. Euro/Dollar has been trending up, breaking through the 1 14 level to trade point 35% in the green at noon. Traded volume is high and most of the traders have been forecasting the pair to head lower. The rate went in the opposite direction to those forecasts, making losses more likely. The Cable shot up by a total of 120 pips and a gain of point 67% was recorded at midday. Pound/Dollar sees a typical amount of funds and most of them were in short positions. Sharp rise has brought risks for investors. Dollar/Yen took a slide and the pair stood point 72% South of the opening level at 12 o’clock. Traded volume is average and most of the traders were expecting the rate to head South. It did go per those expectations, making profits very much likely. Pound/Yen’s downtrend was followed by a rise and the pair was back near the opening level at noon. Traded volume is low and most of the funds were in long positions. Traders had their profit chances after the daily low was hit. Euro/Yen’s decline puts the pair point 36% in the green at midday. Traded volume is low and sentiment of the traders is 6% short. Bearish rate movement suggests a successful day for those who were in short positions. I’m Kiays Khalil and this is how the traders have performed so far on Tuesday.
The first half of the trading day is over and it’s time for us to take a look at the performance of the traders with the Dukascopy Midday Snapshot.
Euro/Dollar has been trending up, breaking through the 1 14 level to trade point 35% in the green at noon. Traded volume is high and most of the traders have been forecasting the pair to head lower. The rate went in the opposite direction to those forecasts, making losses more likely.
The Cable shot up by a total of 120 pips and a gain of point 67% was recorded at midday. Pound/Dollar sees a typical amount of funds and most of them were in short positions. Sharp rise has brought risks for investors.
Dollar/Yen took a slide and the pair stood point 72% South of the opening level at 12 o’clock. Traded volume is average and most of the traders were expecting the rate to head South. It did go per those expectations, making profits very much likely.
Pound/Yen’s downtrend was followed by a rise and the pair was back near the opening level at noon. Traded volume is low and most of the funds were in long positions. Traders had their profit chances after the daily low was hit.
Euro/Yen’s decline puts the pair point 36% in the green at midday. Traded volume is low and sentiment of the traders is 6% short. Bearish rate movement suggests a successful day for those who were in short positions.
I’m Kiays Khalil and this is how the traders have performed so far on Tuesday.
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