It’s time for the midday snapshot where we assess the performance of traders until 12PM GMT this Thursday. We start with the EUR/USD where a 51 pip jump north sees the pair point 38% in the green at midday. Trading has been average in terms of volume and sentiment is bearish at 20% short. A bad day for traders here so far. Next the GBP/USD which has had an up and down day, the biggest move was a drop of 62 pips, however a subsequent jump sees the pair point 20% in the green at midday. Trading has been calm and sentiment is neutral at 12% long. Success here depends on the timing of the trades. Next we have the USD/JPY where the biggest move was a 41 pip jump north. This puts the pair point 18% in the green at midday. Trading has been active with 96% more than typical funds and sentiment is neutral at 14% short. A bad day so far for bearish market players. The penultimate pair is the GBP/JPY where the biggest move was a jump of 72 pips, which leaves the pair point 39% in the green at midday. Trading has been calm and sentiment is bearish. Not the best day for traders here so far. Finally we look at the EUR/JPY where a 80 pip move north sees the pair point 56% in the green at midday. Trading has been calm and sentiment is neutral. A very good day for bullish market players here. That’s all for this midday snapshot with myself Jack Everitt, thank you for watching, we’ll be back with more Tomorrow.
It’s time for the midday snapshot where we assess the performance of traders until 12PM GMT this Thursday.
We start with the EUR/USD where a 51 pip jump north sees the pair point 38% in the green at midday. Trading has been average in terms of volume and sentiment is bearish at 20% short. A bad day for traders here so far.
Next the GBP/USD which has had an up and down day, the biggest move was a drop of 62 pips, however a subsequent jump sees the pair point 20% in the green at midday. Trading has been calm and sentiment is neutral at 12% long. Success here depends on the timing of the trades.
Next we have the USD/JPY where the biggest move was a 41 pip jump north. This puts the pair point 18% in the green at midday. Trading has been active with 96% more than typical funds and sentiment is neutral at 14% short. A bad day so far for bearish market players.
The penultimate pair is the GBP/JPY where the biggest move was a jump of 72 pips, which leaves the pair point 39% in the green at midday. Trading has been calm and sentiment is bearish. Not the best day for traders here so far.
Finally we look at the EUR/JPY where a 80 pip move north sees the pair point 56% in the green at midday. Trading has been calm and sentiment is neutral. A very good day for bullish market players here.
That’s all for this midday snapshot with myself Jack Everitt, thank you for watching, we’ll be back with more Tomorrow.
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