The morning session is over on this Tuesday, and it’s time for the Dukascopy Midday Snapshot. Euro/Dollar peaked just pips above the 1 14 level after gaining a total of 66 pips. Traded volume is high and neutral sentiment of the traders is leaning towards the short side by 6 percent. Rise has provided solid profit opportunities for those who were in long positions. Pound/Dollar’s rise measures at a total of nearly 100 pips and a gain of point 63 percent has been posted. The Cable sees 28 percent less than typical funds and neutral sentiment of the traders is leaning towards the short side by 10 percent. Trading should be successful for bulls, but the calm trading approach is the limiting factor. Dollar/Yen has been on a slide and it has resulted in a loss of point 48 percent. Traded volume is high and most of the traders have been forecasting the pair to head higher. It went in the opposite direction to those forecasts, making losses more likely. Pound/Yen was trading flat during most of the session and a slight gain was posted at noon. Traded volume is extremely low and sentiment of the traders is neutral, at an even balance. Both the passive trading approach and the calm rate movement are limiting factors. Euro/Yen has had a relatively slow session as well, high and low difference is 48 pips and traded volume is low. Most of the funds were in long positions, but the passive trading approach and flat rate movement suggest no significant profits or losses are likely. I’m Kiays Khalil and that’s how things look so far for currency traders.
The morning session is over on this Tuesday, and it’s time for the Dukascopy Midday Snapshot.
Euro/Dollar peaked just pips above the 1 14 level after gaining a total of 66 pips. Traded volume is high and neutral sentiment of the traders is leaning towards the short side by 6 percent. Rise has provided solid profit opportunities for those who were in long positions.
Pound/Dollar’s rise measures at a total of nearly 100 pips and a gain of point 63 percent has been posted. The Cable sees 28 percent less than typical funds and neutral sentiment of the traders is leaning towards the short side by 10 percent. Trading should be successful for bulls, but the calm trading approach is the limiting factor.
Dollar/Yen has been on a slide and it has resulted in a loss of point 48 percent. Traded volume is high and most of the traders have been forecasting the pair to head higher. It went in the opposite direction to those forecasts, making losses more likely.
Pound/Yen was trading flat during most of the session and a slight gain was posted at noon. Traded volume is extremely low and sentiment of the traders is neutral, at an even balance. Both the passive trading approach and the calm rate movement are limiting factors.
Euro/Yen has had a relatively slow session as well, high and low difference is 48 pips and traded volume is low. Most of the funds were in long positions, but the passive trading approach and flat rate movement suggest no significant profits or losses are likely.
I’m Kiays Khalil and that’s how things look so far for currency traders.
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