It’s time for the Dukascopy midday snapshot, where we assess the performance of the traders until 12pm GMT this Tuesday. Euro/Dollar has shifted South of the 1 16 level and the pair stood point 47% in the red at 12 o’clock. Traded volume is average and neutral sentiment is 3% long. Bearish rate movement makes profits more likely for those who were in short positions. Pound/Dollar has declined as well and a loss of point 27% was posted at noon. The Cable sees 27% less than typical funds and neutral sentiment of the traders is 5% short. Bears have been in better positions here as well, but the slow trading approach is the limiting factor. Dollar/Yen has been on a rise during most of the session, but some of the gains were given up after the daily high was reached. Turnover is high and sentiment of the traders is neutral, 9% long. Bulls had plenty of chances, but the late pull back provided some opportunities for bears as well. Pound/Yen was heading up for hours, but a following decline has wiped out all of the gains. Traded volume is average and most of the funds were in long positions. Trading should be successful if it was done before the daily high was reached. Euro/Yen moved sharply lower by a total of 64 pips and a loss of point 33% was posted at noon. Traded volume is average and most of the traders have been forecasting the pair to head lower. It did go per those expectations, making profits very much likely. That’s all for this midday snapshot with myself Kiays Khalil, have a wonderful day, more from us tomorrow, until then… Goodbye and Good Luck!
It’s time for the Dukascopy midday snapshot, where we assess the performance of the traders until 12pm GMT this Tuesday.
Euro/Dollar has shifted South of the 1 16 level and the pair stood point 47% in the red at 12 o’clock. Traded volume is average and neutral sentiment is 3% long. Bearish rate movement makes profits more likely for those who were in short positions.
Pound/Dollar has declined as well and a loss of point 27% was posted at noon. The Cable sees 27% less than typical funds and neutral sentiment of the traders is 5% short. Bears have been in better positions here as well, but the slow trading approach is the limiting factor.
Dollar/Yen has been on a rise during most of the session, but some of the gains were given up after the daily high was reached. Turnover is high and sentiment of the traders is neutral, 9% long. Bulls had plenty of chances, but the late pull back provided some opportunities for bears as well.
Pound/Yen was heading up for hours, but a following decline has wiped out all of the gains. Traded volume is average and most of the funds were in long positions. Trading should be successful if it was done before the daily high was reached.
Euro/Yen moved sharply lower by a total of 64 pips and a loss of point 33% was posted at noon. Traded volume is average and most of the traders have been forecasting the pair to head lower. It did go per those expectations, making profits very much likely.
That’s all for this midday snapshot with myself Kiays Khalil, have a wonderful day, more from us tomorrow, until then… Goodbye and Good Luck!
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