We’re halfway through the last trading day of the week; let’s see how things are shaping up for the market players. Euro/Dollar’s uptrend was followed by a slide, which wiped out all of the gains. Traded volume is average and sentiment of the traders is neutral, 3% long. Changing trend has provided both sides with their profit opportunities. Pound/Dollar has been trending up through most of the session and a gain of point 37% was posted at noon. The Cable sees 38% less than typical funds and most of them were in short positions. The rate went in the opposite direction to those forecasts, making losses more likely. Dollar/Yen declined during the early trading hours and a loss of point 21% has been posted. Turnover is low and most of the funds were in short positions. The rate did go per those expectations and a more active trading approach would have increased profits. Pound/Yen has walked in a total range of 63 pips, while attracting 26% less than typical funds. Neutral sentiment of the traders is just 13% long. Both the narrow price movement range and slow trading approach are limiting factors. Euro/Yen moved South in a couple of waves and a loss of point 16% was posted at midday. Traded volume is low and neutral sentiment is leaning towards the short side by 12%. A couple of declines puts bears in better positions. You’ve been watching the Midday Snapshot for Friday with me, Kiays Khalil.
We’re halfway through the last trading day of the week; let’s see how things are shaping up for the market players.
Euro/Dollar’s uptrend was followed by a slide, which wiped out all of the gains. Traded volume is average and sentiment of the traders is neutral, 3% long. Changing trend has provided both sides with their profit opportunities.
Pound/Dollar has been trending up through most of the session and a gain of point 37% was posted at noon. The Cable sees 38% less than typical funds and most of them were in short positions. The rate went in the opposite direction to those forecasts, making losses more likely.
Dollar/Yen declined during the early trading hours and a loss of point 21% has been posted. Turnover is low and most of the funds were in short positions. The rate did go per those expectations and a more active trading approach would have increased profits.
Pound/Yen has walked in a total range of 63 pips, while attracting 26% less than typical funds. Neutral sentiment of the traders is just 13% long. Both the narrow price movement range and slow trading approach are limiting factors.
Euro/Yen moved South in a couple of waves and a loss of point 16% was posted at midday. Traded volume is low and neutral sentiment is leaning towards the short side by 12%. A couple of declines puts bears in better positions.
You’ve been watching the Midday Snapshot for Friday with me, Kiays Khalil.
You can view this video and the full video archive on the Dukascopy TV page: http://www.dukascopy.com/tv/en/#262703
Смотрите Dukascopy TV на вашем языке: http://www.youtube.com/user/dukascopytvrussian
用您的语言观看杜高斯贝电视: http://www.youtube.com/user/dukascopytvchinese
Miren Dukascopy TV en su idioma: http://www.youtube.com/user/dukascopytvspanish
Schauen Sie Dukascopy TV in Ihrer Sprache: http://www.youtube.com/user/dukascopytvgerman
Regardez la Dukascopy TV dans votre langue: http://www.youtube.com/user/dukascopytvfrench
Veja a TV Dukascopy na sua língua: http://www.youtube.com/user/dukascopytvpt
Dukascopy TV is a free educational project producing daily updates on global markets, visit http://Dukascopy.com/tv for more
Related Posts: