Let’s see how trading has been shaping up for market players so far on this Monday. Euro/Dollar rose by 51 pips form the daily low to trade point 13% in the green at noon. Traded volume is average and neutral sentiment of the traders is 3% long. Bears saw some chances during the early trading hours, but the following rise was good news for those who were long. Pound/Dollar shot up by almost 100 pips and rise puts the pair point 55% in the green. Turnover is high and most of the traders have been forecasting the pair to head lower. It went in the opposite direction to those forecasts, making losses more likely for investors. Dollar/Yen has walked in a total range of only 23 pips, but the pair sees a typical amount of funds. Neutral sentiment of the traders is 6% short. Both sides have seen only limited profit opportunities due to the narrow price movement range. Pound/Yen has shot up to rise above the 148 level and a gain of point 6% was posted at noon. Traded volume is extremely low and most of the traders were in long positions. Surge has provided traders with solid profit opportunities and only the passive trading approach limits upside potential. Euro/Yen has seen its trend change and only a slight gain was posted at midday. Traded volume is average and most of the traders were in short positions. Trading should be successful if it was done before the daily low was reached. I’m Jack Everitt and that’s all for Monday’s Midday Snapshot. Bye for now.
Let’s see how trading has been shaping up for market players so far on this Monday.
Euro/Dollar rose by 51 pips form the daily low to trade point 13% in the green at noon. Traded volume is average and neutral sentiment of the traders is 3% long. Bears saw some chances during the early trading hours, but the following rise was good news for those who were long.
Pound/Dollar shot up by almost 100 pips and rise puts the pair point 55% in the green. Turnover is high and most of the traders have been forecasting the pair to head lower. It went in the opposite direction to those forecasts, making losses more likely for investors.
Dollar/Yen has walked in a total range of only 23 pips, but the pair sees a typical amount of funds. Neutral sentiment of the traders is 6% short. Both sides have seen only limited profit opportunities due to the narrow price movement range.
Pound/Yen has shot up to rise above the 148 level and a gain of point 6% was posted at noon. Traded volume is extremely low and most of the traders were in long positions. Surge has provided traders with solid profit opportunities and only the passive trading approach limits upside potential.
Euro/Yen has seen its trend change and only a slight gain was posted at midday. Traded volume is average and most of the traders were in short positions. Trading should be successful if it was done before the daily low was reached.
I’m Jack Everitt and that’s all for Monday’s Midday Snapshot. Bye for now.
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