It’s 12 PM GMT on this Thursday, and the Dukascopy TV team is here with another Midday Snapshot. Euro/Dollar has walked in a total range of 46 pips and only a slight loss was posted at noon. Turnover is low for this pair and neutral sentiment is at an even balance. Any moves in funds should be limited by the slow trading approach and the narrow price movement range. Pound/Dollar shows high and low difference of 50 pips and the pair has attracted less than half of the monthly average funds. Most of the funds were in short positions, but both the narrow price movement range and passive trading are limiting factors. Dollar/Yen declined early by 29 pips, but a following rise wiped out most of the loss. Traded volume is low and sentiment of the traders is neutral, 6% short. Both sides have had their chances, but the calm trading approach suggests no significant moves in funds are likely. Pound/Yen has been traded in a total range of 58 pips and traded volume is low. Sentiment of the traders is bearish, short positions are in the lead by 25%. Trading has been slow and rate movement calm so moves in trading accounts shouldn’t be major. Euro/Yen moved gradually lower to trade point 18% in the red at noon. Traded volume is extremely low and most of the traders have been in short positions. The rate did go per those expectations and only the passive trading approach limits upside potential. That’s how things look so far. I’m Jack Everitt and goodbye for now.
It’s 12 PM GMT on this Thursday, and the Dukascopy TV team is here with another Midday Snapshot.
Euro/Dollar has walked in a total range of 46 pips and only a slight loss was posted at noon. Turnover is low for this pair and neutral sentiment is at an even balance. Any moves in funds should be limited by the slow trading approach and the narrow price movement range.
Pound/Dollar shows high and low difference of 50 pips and the pair has attracted less than half of the monthly average funds. Most of the funds were in short positions, but both the narrow price movement range and passive trading are limiting factors.
Dollar/Yen declined early by 29 pips, but a following rise wiped out most of the loss. Traded volume is low and sentiment of the traders is neutral, 6% short. Both sides have had their chances, but the calm trading approach suggests no significant moves in funds are likely.
Pound/Yen has been traded in a total range of 58 pips and traded volume is low. Sentiment of the traders is bearish, short positions are in the lead by 25%. Trading has been slow and rate movement calm so moves in trading accounts shouldn’t be major.
Euro/Yen moved gradually lower to trade point 18% in the red at noon. Traded volume is extremely low and most of the traders have been in short positions. The rate did go per those expectations and only the passive trading approach limits upside potential.
That’s how things look so far. I’m Jack Everitt and goodbye for now.
You can view this video and the full video archive on the Dukascopy TV page: http://www.dukascopy.com/tv/en/#256409
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: