Japanese Yen Pairs Have Surged, Attracting Trading Volume
July 31, 2018 1:04 pm
It’s 12 PM GMT on the final trading day of July, so let’s see how things are shaping up for the market players. Euro/Dollar rose gradually to trade point 24% in the green at 12 o’clock. Traded volume is low and sentiment of the traders is neutral, but short positions are up by 10%. Bulls had some profit opportunities as the pair moved further above the 1 17 level. Pound/Dollar has been trending up as well and rise has resulted in a gain of point 19%. The Cable sees less than half of the monthly average funds and most of the traders have been forecasting the pair to head lower. Rise has brought some risks, but the passive trading approach is the cushion. Dollar/Yen jumped by 84 pips and a gain of point 46% was posted at noon. Traders have used more than double the monthly average funds and sentiment is neutral, almost at an even balance. Uptrend suggests a successful morning session for those who were in long positions. Pound/Yen has shot up by a total of 150 pips to hit the daily high just pips below the 147 level. Trading has been typical in terms of volume and most of the funds have been driven by bullish expectations. The rate did go per those estimates, making profits very much likely. Euro/Yen has moved sharply up as well and the pair stood point 7% in the green at midday. Turnover is average and neutral sentiment of the traders is leaning towards the long side by 8%. There have been plenty of profit opportunities for the small majority of traders that had long positions. You’ve been watching the Midday Snapshot with me, Kiays Khalil.
It’s 12 PM GMT on the final trading day of July, so let’s see how things are shaping up for the market players.
Euro/Dollar rose gradually to trade point 24% in the green at 12 o’clock. Traded volume is low and sentiment of the traders is neutral, but short positions are up by 10%. Bulls had some profit opportunities as the pair moved further above the 1 17 level.
Pound/Dollar has been trending up as well and rise has resulted in a gain of point 19%. The Cable sees less than half of the monthly average funds and most of the traders have been forecasting the pair to head lower. Rise has brought some risks, but the passive trading approach is the cushion.
Dollar/Yen jumped by 84 pips and a gain of point 46% was posted at noon. Traders have used more than double the monthly average funds and sentiment is neutral, almost at an even balance. Uptrend suggests a successful morning session for those who were in long positions.
Pound/Yen has shot up by a total of 150 pips to hit the daily high just pips below the 147 level. Trading has been typical in terms of volume and most of the funds have been driven by bullish expectations. The rate did go per those estimates, making profits very much likely.
Euro/Yen has moved sharply up as well and the pair stood point 7% in the green at midday. Turnover is average and neutral sentiment of the traders is leaning towards the long side by 8%. There have been plenty of profit opportunities for the small majority of traders that had long positions.
You’ve been watching the Midday Snapshot with me, Kiays Khalil.
You can view this video and the full video archive on the Dukascopy TV page: http://www.dukascopy.com/tv/en/#252636
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: