Midday Snapshot
October 3, 2018 12:48 pmVideo
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It’s time for the midday snapshot where we assess the performance of traders until 12PM GMT this Wednesday.
First up we have the EUR/USD where the biggest move was a gain of 58 pips, however a subsequent drop of leaves the pair point 02% in the red at midday. Trading has been fairly calm and sentiment is Neutral. Not many chances here due to the flat rate movement.
The Cable has been up and down throughout the session posting it’s biggest move as a drop of 54 pips. The overall movement has been small though and the price is just point 02% in the green at noon. Trading has been very calm and sentiment is neutral. Some chances here for bears if trades were executed before the drop off.
Then we look at USD/JPY where a 38 pip move north sees the pair point 24% in the green at midday. Trading has been calm and sentiment is neutral. Some chance for bulls here.
The penultimate pair in this report is the GBP/JPY where a 96 pip jump sees the pair point 26% in the green at midday. Trading has been average in terms of volume and sentiment is strongly bullish at 48% long. A relatively good day for traders here.
Finally we look at EUR/JPY where an early jump of 101 pips sees the pair point 22% in the green at midday. Trading has been active and sentiment is neutral at just 1% long. A good day for bulls here so far, especially those who executed their trades early in the day.
That’s all for this midday snapshot with myself Jack Everitt, thanks for watching, we’ll be back with more tomorrow, until then, goodbye.
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