It’s 12 O’clock GMT on this Tuesday and time for the Midday Snapshot where we’ll assess the performance of the market players. Euro/Dollar has seen its trend change and the pair was slightly in the red at noon. Trading has been active, volume is extremely high and neutral sentiment is leaning towards the long side by 10%. Bulls had their chances early on, but the following slide was good news for bearish market players. A single trend hasn’t formed for the Pound/Dollar as well. The Cable sees more than double the monthly average funds and sentiment is neutral at 7% short. Success depends on the timing of the trades here as well. Dollar/Yen was mostly flat after the early rise and a gain of point 2% was posted at midday. Traded volume is high and sentiment of the trades is neutral, 4% short. Early rise has provided profit opportunities for those who were in long positions. Pound/Yen’s rise was followed by a decline and the pair was back near the opening level at 12 o’clock. Turnover is high and most of the funds were in short positions. Trading should be successful if it was done after the daily high was reached. Euro/Yen’s trend changed after 7 AM as well and most of the gains were wiped out. Traded volume is high and most of the traders have been forecasting the pair to head lower. Traders had their profit opportunities as the trend changed hours into the trading day. I’m Jack Everitt and this wraps up the Midday Snapshot for Tuesday.
It’s 12 O’clock GMT on this Tuesday and time for the Midday Snapshot where we’ll assess the performance of the market players.
Euro/Dollar has seen its trend change and the pair was slightly in the red at noon. Trading has been active, volume is extremely high and neutral sentiment is leaning towards the long side by 10%. Bulls had their chances early on, but the following slide was good news for bearish market players.
A single trend hasn’t formed for the Pound/Dollar as well. The Cable sees more than double the monthly average funds and sentiment is neutral at 7% short. Success depends on the timing of the trades here as well.
Dollar/Yen was mostly flat after the early rise and a gain of point 2% was posted at midday. Traded volume is high and sentiment of the trades is neutral, 4% short. Early rise has provided profit opportunities for those who were in long positions.
Pound/Yen’s rise was followed by a decline and the pair was back near the opening level at 12 o’clock. Turnover is high and most of the funds were in short positions. Trading should be successful if it was done after the daily high was reached.
Euro/Yen’s trend changed after 7 AM as well and most of the gains were wiped out. Traded volume is high and most of the traders have been forecasting the pair to head lower. Traders had their profit opportunities as the trend changed hours into the trading day.
I’m Jack Everitt and this wraps up the Midday Snapshot for Tuesday.
You can view this video and the full video archive on the Dukascopy TV page: http://www.dukascopy.com/tv/en/#256911
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: