Find out how successful traders have been on the FX markets so far this Monday by watching the Dukascopy Midday Snapshot. Euro/Dollar was back near the opening level at noon after walking in a total range of 56 pips. Turnover is high and neutral sentiment of the traders is at an even balance. Both sides have had their profit opportunities as the decline was followed by a rise. Pound/Dollar shows a similar rate movement – the pair rose after hitting the daily low just pips above the 1 28 level. The Cable sees 57% more than typical funds and neutral sentiment is 6% long. Success depends on the timing of the trades as a single trend hasn’t formed. Dollar/Yen rose above the 112 level to trade point 4% in the green at 12 o’clock. Traded volume is low and most of the funds were in short positions. The rate went in the opposite direction to the forecasts of the traders, but the passive trading approach is a cushion for losses. Pound/Yen shot up by more than 100 pips as midday approached and rise has resulted in a gain of point 38%. Traded volume is average and most of the funds have been in short positions. The late surge has brought risks for market players. Euro/Yen moved sharply up hours into the trading day by almost 100 pips. Turnover is high and neutral sentiment of the traders is leaning towards the long side by 8%. Late surge makes a successful start of the day very much likely for those who were in long positions. I’m Jack Everitt and that’s it for the 12 o’clock Midday Snapshot report. Goodbye for now.
Find out how successful traders have been on the FX markets so far this Monday by watching the Dukascopy Midday Snapshot.
Euro/Dollar was back near the opening level at noon after walking in a total range of 56 pips. Turnover is high and neutral sentiment of the traders is at an even balance. Both sides have had their profit opportunities as the decline was followed by a rise.
Pound/Dollar shows a similar rate movement – the pair rose after hitting the daily low just pips above the 1 28 level. The Cable sees 57% more than typical funds and neutral sentiment is 6% long. Success depends on the timing of the trades as a single trend hasn’t formed.
Dollar/Yen rose above the 112 level to trade point 4% in the green at 12 o’clock. Traded volume is low and most of the funds were in short positions. The rate went in the opposite direction to the forecasts of the traders, but the passive trading approach is a cushion for losses.
Pound/Yen shot up by more than 100 pips as midday approached and rise has resulted in a gain of point 38%. Traded volume is average and most of the funds have been in short positions. The late surge has brought risks for market players.
Euro/Yen moved sharply up hours into the trading day by almost 100 pips. Turnover is high and neutral sentiment of the traders is leaning towards the long side by 8%. Late surge makes a successful start of the day very much likely for those who were in long positions.
I’m Jack Everitt and that’s it for the 12 o’clock Midday Snapshot report. Goodbye for now.
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