We’re halfway through this week’s first trading day, so let’s look back at the rate movements and trader performance. Euro/Dollar has walked in a relatively narrow range of 33 pips, but the pair has attracted a typical amount of funds. The neutral sentiment of the traders is just four percent long. Both sides have had only limited profit opportunities due to the narrow price movement range. Pound/Dollar shows a similar rate movement, high and low difference is 46 pips for this pair. The Cable sees a typical amount of funds and the neutral sentiment of the traders is 12 percent short. No significant moves in funds are likely here as well. Dollar/Yen rose sharply, but some of the gains have been given up. Traded volume is low and the neutral sentiment of the traders is seven percent short. Bulls saw solid profit opportunities as the pair advanced by 51 pips. Pound/Yen was back near the opening level at noon after walking in a total range of 62 pips. Traded volume is extremely low and the neutral sentiment of the traders is six percent long. Both the narrow price movement range and calm trading approach are limiting factors. Euro/Yen rose gradually by 40 pips to hit the daily high of 124 74. Traded volume is average and the neutral sentiment of the traders is leaning towards the long side by 10 percent. Gradual uptrend has provided some profit chances for bulls. You’ve been watching the Dukascopy Midday Snapshot for Monday.
We’re halfway through this week’s first trading day, so let’s look back at the rate movements and trader performance.
Euro/Dollar has walked in a relatively narrow range of 33 pips, but the pair has attracted a typical amount of funds. The neutral sentiment of the traders is just four percent long. Both sides have had only limited profit opportunities due to the narrow price movement range.
Pound/Dollar shows a similar rate movement, high and low difference is 46 pips for this pair. The Cable sees a typical amount of funds and the neutral sentiment of the traders is 12 percent short. No significant moves in funds are likely here as well.
Dollar/Yen rose sharply, but some of the gains have been given up. Traded volume is low and the neutral sentiment of the traders is seven percent short. Bulls saw solid profit opportunities as the pair advanced by 51 pips.
Pound/Yen was back near the opening level at noon after walking in a total range of 62 pips. Traded volume is extremely low and the neutral sentiment of the traders is six percent long. Both the narrow price movement range and calm trading approach are limiting factors.
Euro/Yen rose gradually by 40 pips to hit the daily high of 124 74. Traded volume is average and the neutral sentiment of the traders is leaning towards the long side by 10 percent. Gradual uptrend has provided some profit chances for bulls.
You’ve been watching the Dukascopy Midday Snapshot for Monday.
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