Let’s take a look at the performance of the market players during the 12 hours of trading till noon on this Wednesday. Euro/Dollar rose sharply towards the 1.15 level, but a following pull back has resulted in a loss of point 24 percent. Trading has been active, volume is high and neutral sentiment is nine percent long. Early rise has provided profit chances for bulls, but the following decline was good news for bears. Pound/Dollar dropped by more than 100 pips to trade point 69 percent in the red at noon. Traded volume is high and most of the traders were positioned bullishly. They saw risks as the pair stared moving sharply lower after 6 o’clock in the morning. Dollar/Yen took a slide, moving further South from the 110 level and a loss of point 51 percent was posted at midday. Traded volume is high and neutral sentiment of the traders is six percent short. Bears have seen plenty of profit chances as the pair moved South by nearly 100 pips. Pound/Yen has been on a sharp decline and it puts the pair 1.21 percent in the red at 12 o’clock. Trading has been active, volume is high and sentiment of the traders is neutral, six percent long. Sharp slide makes a successful morning session more likely for those who were in short positions. Euro/Yen has plummeted by a total of 135 pips to hit the daily low of 124.39. This pair sees a massive 509 percent more than average funds in extremely active trading, but both of the sides have been represented in similar numbers. Sharp decline has provided solid profit opportunities for bears. I’m Jack Everitt and you’ve been watching the Dukascopy Midday Snapshot for Wednesday.
Let’s take a look at the performance of the market players during the 12 hours of trading till noon on this Wednesday.
Euro/Dollar rose sharply towards the 1.15 level, but a following pull back has resulted in a loss of point 24 percent. Trading has been active, volume is high and neutral sentiment is nine percent long. Early rise has provided profit chances for bulls, but the following decline was good news for bears.
Pound/Dollar dropped by more than 100 pips to trade point 69 percent in the red at noon. Traded volume is high and most of the traders were positioned bullishly. They saw risks as the pair stared moving sharply lower after 6 o’clock in the morning.
Dollar/Yen took a slide, moving further South from the 110 level and a loss of point 51 percent was posted at midday. Traded volume is high and neutral sentiment of the traders is six percent short. Bears have seen plenty of profit chances as the pair moved South by nearly 100 pips.
Pound/Yen has been on a sharp decline and it puts the pair 1.21 percent in the red at 12 o’clock. Trading has been active, volume is high and sentiment of the traders is neutral, six percent long. Sharp slide makes a successful morning session more likely for those who were in short positions.
Euro/Yen has plummeted by a total of 135 pips to hit the daily low of 124.39. This pair sees a massive 509 percent more than average funds in extremely active trading, but both of the sides have been represented in similar numbers. Sharp decline has provided solid profit opportunities for bears.
I’m Jack Everitt and you’ve been watching the Dukascopy Midday Snapshot for Wednesday.
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