It’s 12 PM GMT on this Wednesday, and it’s time for the Dukascopy Midday Snapshot. Euro/Dollar has walked in a total range of just 23 pips, but the pair sees a typical amount of funds. Neutral sentiment of the traders is leaning towards the short side by 9%. There shouldn’t be any significant moves in trading accounts due to the narrow price movement range. Pound/Dollar rose by 76 pips after 7 AM, but most of the session has been calm for this pair. Traded volume is average and neutral sentiment of the traders is 4% short. Rise makes a successful morning session more likely for those who were in long positions. Dollar/Yen rose shortly after midnight and the pair has been trading flat afterwards. Turnover is low and neutral sentiment of the traders is just 5% short. Bulls saw some limited profit opportunities during the early trading hours. Pound/Yen jumped by 87 pips hours into the trading day, which has otherwise been calm. Traded volume is extremely low and bearish sentiment of the traders is leaning towards the short side by 15%. Rise has brought risks for market players. Euro/Yen’s daily high and low difference is just 36 pips and the pair sees 38% less than typical funds. Most of the market players were bullish in their expectations. Traders saw some chances early on, but the calm trading approach and narrow price movement range is the limit for upside potential. I’m Jack Everitt and this is how traders have performed by noon GMT on this Wednesday.
It’s 12 PM GMT on this Wednesday, and it’s time for the Dukascopy Midday Snapshot.
Euro/Dollar has walked in a total range of just 23 pips, but the pair sees a typical amount of funds. Neutral sentiment of the traders is leaning towards the short side by 9%. There shouldn’t be any significant moves in trading accounts due to the narrow price movement range.
Pound/Dollar rose by 76 pips after 7 AM, but most of the session has been calm for this pair. Traded volume is average and neutral sentiment of the traders is 4% short. Rise makes a successful morning session more likely for those who were in long positions.
Dollar/Yen rose shortly after midnight and the pair has been trading flat afterwards. Turnover is low and neutral sentiment of the traders is just 5% short. Bulls saw some limited profit opportunities during the early trading hours.
Pound/Yen jumped by 87 pips hours into the trading day, which has otherwise been calm. Traded volume is extremely low and bearish sentiment of the traders is leaning towards the short side by 15%. Rise has brought risks for market players.
Euro/Yen’s daily high and low difference is just 36 pips and the pair sees 38% less than typical funds. Most of the market players were bullish in their expectations. Traders saw some chances early on, but the calm trading approach and narrow price movement range is the limit for upside potential.
I’m Jack Everitt and this is how traders have performed by noon GMT on this Wednesday.
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