Let’s see where traders stand in terms of performance after 12 hours of trading on this Friday. Euro/Dollar was back near the opening level after walking in a total range of 49 pips. Traded volume is average and neutral sentiment of the traders is 5% short. Both sides have seen some profit chances as the trend has shifted. Pound/Dollar shows a similar pattern and the pair has traded in a total range of 69 pips. The Cable sees a typical amount of funds and neutral sentiment is leaning towards the short side by 11%. Success depends on the timing of the trades here as well. Dollar/Yen has been trading sideways during most of the day and the pair has attracted just half of the monthly average funds. Most of them have been in long positions, but the generally narrow price movement range and passive trading approach suggest no significant profits or losses are likely. Pound/Yen’s rate movement has been relatively calm, but trading has been typical in terms of volume. Most of the traders have been forecasting the pair to head higher. There have been only limited profit opportunities due to the narrow price movement range. Euro/Yen’s session has been calm, volatility is 33 pips and traded volume is extremely low. Neutral sentiment of the traders is 1% short. Both the passive trading approach and flat rate movement are limiting factors here as well. I’m Jack Everitt and that’s all for Friday’s Midday Snapshot.
Let’s see where traders stand in terms of performance after 12 hours of trading on this Friday.
Euro/Dollar was back near the opening level after walking in a total range of 49 pips. Traded volume is average and neutral sentiment of the traders is 5% short. Both sides have seen some profit chances as the trend has shifted.
Pound/Dollar shows a similar pattern and the pair has traded in a total range of 69 pips. The Cable sees a typical amount of funds and neutral sentiment is leaning towards the short side by 11%. Success depends on the timing of the trades here as well.
Dollar/Yen has been trading sideways during most of the day and the pair has attracted just half of the monthly average funds. Most of them have been in long positions, but the generally narrow price movement range and passive trading approach suggest no significant profits or losses are likely.
Pound/Yen’s rate movement has been relatively calm, but trading has been typical in terms of volume. Most of the traders have been forecasting the pair to head higher. There have been only limited profit opportunities due to the narrow price movement range.
Euro/Yen’s session has been calm, volatility is 33 pips and traded volume is extremely low. Neutral sentiment of the traders is 1% short. Both the passive trading approach and flat rate movement are limiting factors here as well.
I’m Jack Everitt and that’s all for Friday’s Midday Snapshot.
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