We’re halfway through the first 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 by a total of 43 pips to trade point 26 percent in the green at 12 o’clock. Traded volume is high and neutral sentiment of the market players is nine percent short. Gradual uptrend makes a successful morning session more likely for those who were in long positions. Pound/Dollar has been flat during most of the morning session and the rate was back near the opening level at noon. The cable sees 25 percent less than typical funds and neutral sentiment is at an even balance. Both sides have seen only limited profit opportunities due to the flat rate movement and slow trading. Dollar/Yen declined during the early trading hours, but most of the loss was recovered in a following rise. Trading has been active, volume is a massive 199 percent up from the usual and sentiment is neutral, four percent short. Bears had their chances early on, but the following rise was good news for bulls. Pound/Yen’s decline was followed by a rise and the pair was back at the opening level at midday. Traded volume is low and most of the traders have been forecasting the pair to head higher. There were some profit opportunities after the daily low was reached. Euro/Yen shows a similar pattern where decline was followed by a rise. Traded volume is high and neutral sentiment of the traders is four percent short. Changing trend has provided both sides with their profit opportunities. I’m Jack Everitt and that’s it for Friday’s Dukascopy Midday Snapshot.
We’re halfway through the first 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 by a total of 43 pips to trade point 26 percent in the green at 12 o’clock. Traded volume is high and neutral sentiment of the market players is nine percent short. Gradual uptrend makes a successful morning session more likely for those who were in long positions.
Pound/Dollar has been flat during most of the morning session and the rate was back near the opening level at noon. The cable sees 25 percent less than typical funds and neutral sentiment is at an even balance. Both sides have seen only limited profit opportunities due to the flat rate movement and slow trading.
Dollar/Yen declined during the early trading hours, but most of the loss was recovered in a following rise. Trading has been active, volume is a massive 199 percent up from the usual and sentiment is neutral, four percent short. Bears had their chances early on, but the following rise was good news for bulls.
Pound/Yen’s decline was followed by a rise and the pair was back at the opening level at midday. Traded volume is low and most of the traders have been forecasting the pair to head higher. There were some profit opportunities after the daily low was reached.
Euro/Yen shows a similar pattern where decline was followed by a rise. Traded volume is high and neutral sentiment of the traders is four percent short. Changing trend has provided both sides with their profit opportunities.
I’m Jack Everitt and that’s it for Friday’s Dukascopy Midday Snapshot.
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