It’s 12 PM GMT on this Thursday, and it’s time for the Dukascopy Midday Snapshot. Euro/Dollar gained 62 pips to stop just a couple of pips below the 1 14 level. Turnover is low and sentiment of the traders is neutral, short positions are up by 6%. Uptrend makes a successful morning session more likely for those who were in long positions. Pound/Dollar shows limited rate movement range of 47 pips and the pair has attracted 40% less than typical funds. Most of them have been in long positions, but both the narrow price movement range and passive trading approach are limiting factors. Dollar/Yen moved sharply up during the early trading hours, but the pair sees just half of the monthly average funds. Sentiment of the traders is neutral, long positions are up by 6%. Bulls saw their profit opportunities during the early rise. Pound/Yen rose shortly after midnight as well and the pair stood point 3% in the green at noon. Traded volume is average and most of the funds have been in long positions. The rate did go per those expectations and profits are very much likely. Euro/Yen has gained a total of 110 pips and a gain of point 47% has been posted. Turnover is high and most of the traders have been in long positions. The rate did go higher, suggesting profits for investors. This was the Dukascopy Midday Snapshot for Thursday with me Kiays Khalil.
It’s 12 PM GMT on this Thursday, and it’s time for the Dukascopy Midday Snapshot.
Euro/Dollar gained 62 pips to stop just a couple of pips below the 1 14 level. Turnover is low and sentiment of the traders is neutral, short positions are up by 6%. Uptrend makes a successful morning session more likely for those who were in long positions.
Pound/Dollar shows limited rate movement range of 47 pips and the pair has attracted 40% less than typical funds. Most of them have been in long positions, but both the narrow price movement range and passive trading approach are limiting factors.
Dollar/Yen moved sharply up during the early trading hours, but the pair sees just half of the monthly average funds. Sentiment of the traders is neutral, long positions are up by 6%. Bulls saw their profit opportunities during the early rise.
Pound/Yen rose shortly after midnight as well and the pair stood point 3% in the green at noon. Traded volume is average and most of the funds have been in long positions. The rate did go per those expectations and profits are very much likely.
Euro/Yen has gained a total of 110 pips and a gain of point 47% has been posted. Turnover is high and most of the traders have been in long positions. The rate did go higher, suggesting profits for investors.
This was the Dukascopy Midday Snapshot for Thursday with me Kiays Khalil.
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