The morning session is over on this Wednesday, and it’s time for the Dukascopy Midday Snapshot. Euro/Dollar returned back at the opening level after walking in a total range of 59 pips. Turnover is high and sentiment of the traders is neutral, almost standing at an even balance. Trend has changed a couple of times, providing both sides with their profit opportunities. Pound/Dollar declined by more than 100 pips after the daily high was reached and a slight loss was posted at noon. Trading has been active, volume is extremely high and neutral sentiment of the traders is 14% short. Success depends on the timing of the trades here as well. Dollar/Yen rose slowly by a total of just 22 pips and the pair sees 29% less than typical funds. Most of the traders have been forecasting the pair to head higher. It did go slowly up, providing some limited profit opportunities. Pound/Yen’s volatility increased after 8 AM and that’s when the pair dropped by more than 136 pips. Traded volume is extremely high and sentiment of the traders is neutral, but short positions are up by 13%. Late rise was followed by a slide, so both sides have had their profit chances. Euro/Yen gave up most of the gains after hitting the daily high of 131 68. Trading has been active, volume is high and sentiment is neutral, 12% short. Early hours were in favor for bulls, but the late decline was good news for bears. You’ve been watching the Midday Snapshot for Wednesday with me, Jack Everitt.
The morning session is over on this Wednesday, and it’s time for the Dukascopy Midday Snapshot.
Euro/Dollar returned back at the opening level after walking in a total range of 59 pips. Turnover is high and sentiment of the traders is neutral, almost standing at an even balance. Trend has changed a couple of times, providing both sides with their profit opportunities.
Pound/Dollar declined by more than 100 pips after the daily high was reached and a slight loss was posted at noon. Trading has been active, volume is extremely high and neutral sentiment of the traders is 14% short. Success depends on the timing of the trades here as well.
Dollar/Yen rose slowly by a total of just 22 pips and the pair sees 29% less than typical funds. Most of the traders have been forecasting the pair to head higher. It did go slowly up, providing some limited profit opportunities.
Pound/Yen’s volatility increased after 8 AM and that’s when the pair dropped by more than 136 pips. Traded volume is extremely high and sentiment of the traders is neutral, but short positions are up by 13%. Late rise was followed by a slide, so both sides have had their profit chances.
Euro/Yen gave up most of the gains after hitting the daily high of 131 68. Trading has been active, volume is high and sentiment is neutral, 12% short. Early hours were in favor for bulls, but the late decline was good news for bears.
You’ve been watching the Midday Snapshot for Wednesday with me, Jack Everitt.
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