It’s noon GMT on this Thursday and time for the Dukascopy Midday Snapshot. Euro/Dollar shows limited rate movement of just 32 pips and the pair sees 22% less than typical funds. Neutral sentiment of the traders is just 3% long. Both the passive trading approach and the flat rate movement suggest no major moves in funds are likely. Pound/Dollar rose slightly after 8 AM, but the session has been generally calm. Traded volume is extremely low and sentiment is neutral at 1% long. No significant profits or losses are likely here as well. Dollar/Yen has seen its trend change and the pair stood point 22% in the red at noon. Traded volume is average and most of the funds were in long positions. Traders have seen chances and risks as a single trend hasn’t formed for this pair. Pound/Yen recovered after the early decline to return back near the opening level at midday. Traded volume is average and neutral sentiment of the traders is leaning towards the long side by 11%. Bears had their chances early on, but the following rise was good news for bulls. Euro/Yen has been mostly trending lower and a loss of point 31% has been posted. Turnover is high and neutral sentiment of the traders is 12% short. Gradual decline puts bears in better positions so far today. I’m Kiays Khalil and you’ve been watching the Midday Snapshot for Thursday.
It’s noon GMT on this Thursday and time for the Dukascopy Midday Snapshot.
Euro/Dollar shows limited rate movement of just 32 pips and the pair sees 22% less than typical funds. Neutral sentiment of the traders is just 3% long. Both the passive trading approach and the flat rate movement suggest no major moves in funds are likely.
Pound/Dollar rose slightly after 8 AM, but the session has been generally calm. Traded volume is extremely low and sentiment is neutral at 1% long. No significant profits or losses are likely here as well.
Dollar/Yen has seen its trend change and the pair stood point 22% in the red at noon. Traded volume is average and most of the funds were in long positions. Traders have seen chances and risks as a single trend hasn’t formed for this pair.
Pound/Yen recovered after the early decline to return back near the opening level at midday. Traded volume is average and neutral sentiment of the traders is leaning towards the long side by 11%. Bears had their chances early on, but the following rise was good news for bulls.
Euro/Yen has been mostly trending lower and a loss of point 31% has been posted. Turnover is high and neutral sentiment of the traders is 12% short. Gradual decline puts bears in better positions so far today.
I’m Kiays Khalil and you’ve been watching the Midday Snapshot for Thursday.
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