Midday Snapshot
October 12, 2018 12:39 pmVideo
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It’s time for the midday snapshot where we assess the performance of traders until 12PM GMT this Friday.
First up is the EUR/USD where a drop of 39 pips sees the pair point 11% in the red at midday. Trading has been calm and sentiment is neutral. No real chances here due to the narrow price movement range.
Next we look at the GBP/USD where a 58 pip drop see the pair point 19% in the red at midday. Trading has been calm and sentiment is neutral. Some small chances for bearish market players here.
Then we look at the USD/JPY where a 45 pip jump sees the pair point 20% in the green at midday. Trading has been active with 25% more than typical funds and sentiment is bullish at 17% long. A good day so far for market players.
The penultimate pair in this report is the GBP/JPY which has had an up and down day, with the biggest move being a 77 pip drop which leaves the pair point 01% in the red at midday. Trading has been calm and sentiment is bearish at 32% short. A ok day for traders so far.
Finally we look at the EUR/JPY where a 62 pip jump sees the pair point 09% in the green at midday. Trading has been very calm and sentiment is neutral. Success here depends on timing, but the overall flat rate movement means no huge chances for profit.
That’s all for this midday snapshot with myself Jack Everitt, thank you for watching, we’ll be back with more on Monday.
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