Mostly A Calm Day on the Markets
January 30, 2019 12:48 pmVideo
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It’s noon GMT on this Wednesday so let’s see how traders have performed during the morning session. Euro/Dollar has traded in a total range of just 28 pips and the pair sees 35 percent less than typical funds. Neutral sentiment of the traders is leaning towards the short side by nine percent. Both the flat rate movement and the passive trading approach suggest no major profits or losses are likely. Pound/Dollar’s high and low difference is 58 pips and the pair was slightly in the green at noon. The Cable sees a typical amount of funds and the neutral sentiment of the traders is at an even balance. Both sides have had their profit chances as the decline was followed by a rise. Dollar/Yen’s rate movement has been slow, high and low difference is just 24 pips. Traded volume is low and sentiment of the market players is bullish, long positions are up by 15 percent. No major moves in trading accounts are likely as the rate movement has been calm and trading passive. Pound/Yen rose by 68 pips after 8 AM and a slight gain was posted at noon. Traded volume is high and most of the funds were in short positions. Traders saw some profit opportunities during the downtrend before the daily low was reached. Euro/Yen’s rate movement is flat, volatility measures at only 28 pips. Traded volume is extremely low and most of the funds were in long positions. Both the flat rate movement and passive trading suggest no significant profits or losses are likely. I’m Kiays Khalil and this is how the sentiment of the traders compares with the actual rate movements by noon GMT.
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