It’s midpoint of this week’s last trading, so let’s look back at the performance of the market players. Euro/Dolled shifted lower after 7 AM and a loss of point 33% has been posted. Traded volume is average and sentiment of the market players is neutral, long positions are up by 6%. Late decline makes a successful morning session more likely for bears. Pound/Dollar’s slow session was followed by a late decline, which has resulted in a loss of point 31%. The Cable sees 39% more than typical funds and neutral sentiment is 6% short. Late decline has provided profit opportunities for those who were short. Dollar/Yen took a slide and the pair hit the daily low of 111 87 as midday approached. Trading has been active, volume is extremely high and sentiment is neutral, 2% long. The rate was heading South during most of the session, making profits more likely for bears. Pound/Yen dropped by more than 100 pips and a loss of point 61% was posted at 12 o’clock. Traded volume is high and sentiment of the traders is neutral, almost at a balance. Steep slide has provided profit opportunities for bears. Euro/Yen’s chart shows downtrend and it puts the pair point 63% in the red at noon. Turnover is high and neutral sentiment of the traders is leaning towards the short side by 11%. Bears had plenty of profit chances as the pair was heading South throughout the session. I’m Kiays Khalil and that’s all for Friday’s Midday Snapshot.
It’s midpoint of this week’s last trading, so let’s look back at the performance of the market players.
Euro/Dolled shifted lower after 7 AM and a loss of point 33% has been posted. Traded volume is average and sentiment of the market players is neutral, long positions are up by 6%. Late decline makes a successful morning session more likely for bears.
Pound/Dollar’s slow session was followed by a late decline, which has resulted in a loss of point 31%. The Cable sees 39% more than typical funds and neutral sentiment is 6% short. Late decline has provided profit opportunities for those who were short.
Dollar/Yen took a slide and the pair hit the daily low of 111 87 as midday approached. Trading has been active, volume is extremely high and sentiment is neutral, 2% long. The rate was heading South during most of the session, making profits more likely for bears.
Pound/Yen dropped by more than 100 pips and a loss of point 61% was posted at 12 o’clock. Traded volume is high and sentiment of the traders is neutral, almost at a balance. Steep slide has provided profit opportunities for bears.
Euro/Yen’s chart shows downtrend and it puts the pair point 63% in the red at noon. Turnover is high and neutral sentiment of the traders is leaning towards the short side by 11%. Bears had plenty of profit chances as the pair was heading South throughout the session.
I’m Kiays Khalil and that’s all for Friday’s Midday Snapshot.
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