This is the Dukascopy Midday Snapshot for Monday, where we’ll take a closer look at how well the market players have worked out the rate movements. Euro/Dollar has moved up by a total of 45 pips and a gain of point 19% was posted at noon. Turnover is low and neutral sentiment of the traders is 7% long. Uptrend has provided profit opportunities for those who were in long positions. Pound/Dollar has walked in a relatively narrow range of 41 pips, while attracting 43% less than typical funds. Sentiment of the traders is neutral, long positions are up by 8%. Both the passive trading and relatively flat rate movement are limiting factors. Dollar/Yen rose slowly by 28 pips early in the session, but the pair moved sideways afterwards. Traded volume is average and sentiment of the traders is neutral, 13% long. Early rise has provided some profit chances for bullish market players. Pound/Yen has been trending slowly higher, but most of the gains were given up after 8 AM. This pair sees less than half of the monthly average funds and most of them have been in long positions. Both the passive trading and the flat rate movement suggest no major profits or losses are likely. Euro/Yen has been mostly climbing up and rise puts the pair point 31% in the green. Traded volume is extremely low and most of the funds have been in long positions. The rate did go per those expectations and a more active trading approach would have increased profits. I’m Kiays Khalil and that’s all for Monday’s Midday Snapshot.
This is the Dukascopy Midday Snapshot for Monday, where we’ll take a closer look at how well the market players have worked out the rate movements.
Euro/Dollar has moved up by a total of 45 pips and a gain of point 19% was posted at noon. Turnover is low and neutral sentiment of the traders is 7% long. Uptrend has provided profit opportunities for those who were in long positions.
Pound/Dollar has walked in a relatively narrow range of 41 pips, while attracting 43% less than typical funds. Sentiment of the traders is neutral, long positions are up by 8%. Both the passive trading and relatively flat rate movement are limiting factors.
Dollar/Yen rose slowly by 28 pips early in the session, but the pair moved sideways afterwards. Traded volume is average and sentiment of the traders is neutral, 13% long. Early rise has provided some profit chances for bullish market players.
Pound/Yen has been trending slowly higher, but most of the gains were given up after 8 AM. This pair sees less than half of the monthly average funds and most of them have been in long positions. Both the passive trading and the flat rate movement suggest no major profits or losses are likely.
Euro/Yen has been mostly climbing up and rise puts the pair point 31% in the green. Traded volume is extremely low and most of the funds have been in long positions. The rate did go per those expectations and a more active trading approach would have increased profits.
I’m Kiays Khalil and that’s all for Monday’s Midday Snapshot.
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