O Happy Bears!
October 2, 2018 12:53 pmVideo
Latest News
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It’s time for the midday snapshot where we assess the performance of traders until 12PM GMT this Tuesday.
First up we look at the EUR/USD where a drop of 75 pips sees the pair point 41% in the red at midday. Trading has been active with 42% more than typical funds and sentiment is neutral. A very good day for bears here.
Next up we have GBP/USD where a drop of 108 pips sees this pair point 65% in the red at midday. Trading has been average in terms of volume and sentiment is neutral at 8% long. Another solid pair for bears here.
Then we turn our attention to USD/JPY which has also registered a drop, with the biggest move being a 41 pip drop. This leaves the pair point 11% in the red at midday. Trading has been extremely active with a massive 122% more than typical funds and sentiment is neutral. Another decent day so far for bears.
The penultimate pair in this report is the GBP/JPY where a big drop of 152 pips sees the pair point 76% in the red at midday. Trading has been average in terms of volume and sentiment is neutral. Another very good pair for bears here, with a significant drop in price.
The final pair for this report is EUR/JPY which follows the trend for this report with a drop of 126 pips, leaving the pair point 52% in the red at midday. Trading has been active and sentiment is bearish at 21% short. A good day for traders here so far.
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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