It’s midpoint of this month’s last trading, so let’s look back at the performance of the market players. Euro/Dollar rose slightly early on, but a following slide has wiped out all of the gains. Traded volume is average and neutral sentiment of the traders is almost at an even balance. Bulls had their chances early on, but the following slide was good news for bearish market players. Pound/Dollar declined after 8 AM to stand point 18% in the red at noon. The Cable sees just half of the monthly average funds and neutral sentiment is leaning towards the long side by 14%. Decline puts bears in better positions, but the passive trading approach is the limiting factor. Dollar/Yen has seen some downward pressure and a loss of point 21% was posted at midday. Turnover is average and neutral sentiment of the traders is 13% short. Decline puts the bearish market players in better positions so far today. Pound/Yen moved South by slightly more than 100 pips, but the pair sees 30% less than typical funds. Neutral sentiment of the traders is 10% short. Downtrend has provided profit opportunities for those who were in short positions. Euro/Yen has moved lower as well and a loss of point 33% has been posted. Traded volume is low and sentiment of the traders is neutral, short positions are up by 4%. The bearish rate movement makes a successful morning session more likely for those who were short. I’m Jack Everitt and that’s all for Friday’s Midday Snapshot.
It’s midpoint of this month’s last trading, so let’s look back at the performance of the market players.
Euro/Dollar rose slightly early on, but a following slide has wiped out all of the gains. Traded volume is average and neutral sentiment of the traders is almost at an even balance. Bulls had their chances early on, but the following slide was good news for bearish market players.
Pound/Dollar declined after 8 AM to stand point 18% in the red at noon. The Cable sees just half of the monthly average funds and neutral sentiment is leaning towards the long side by 14%. Decline puts bears in better positions, but the passive trading approach is the limiting factor.
Dollar/Yen has seen some downward pressure and a loss of point 21% was posted at midday. Turnover is average and neutral sentiment of the traders is 13% short. Decline puts the bearish market players in better positions so far today.
Pound/Yen moved South by slightly more than 100 pips, but the pair sees 30% less than typical funds. Neutral sentiment of the traders is 10% short. Downtrend has provided profit opportunities for those who were in short positions.
Euro/Yen has moved lower as well and a loss of point 33% has been posted. Traded volume is low and sentiment of the traders is neutral, short positions are up by 4%. The bearish rate movement makes a successful morning session more likely for those who were short.
I’m Jack Everitt and that’s all for Friday’s Midday Snapshot.
You can view this video and the full video archive on the Dukascopy TV page: http://www.dukascopy.com/tv/en/#255804
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: