The morning session is over on this Monday, so let’s see how things are shaping up for traders. Euro/dollar has had a slow session, high and low difference is just 27 pips. Traded volume is average and the neutral sentiment of the traders is close to an even balance. Both sides have seen only limited profit opportunities due to the narrow price movement range. Pound/Dollar has walked in a total range of 49 pips, but the pair sees a typical amount of funds. Neutral sentiment of the traders is leaning towards the long side by 10 percent. Decline was followed by a rise and success depends on the timing of the trades. Dollar/Yen’s morning has been calm – high and low difference is just 25 pips and traded volume is extremely low. Most of the funds were in long positions, but both the passive trading and the flat rate movement suggest no significant moves in funds should be expected. Pound/Yen has been traded in a total range of just 50 pips and traded volume is low. Neutral sentiment of the traders is at an even balance. Both the passive trading approach and the calm rate movement are limiting factors. Euro/Yen’s day has been slower than usual as well. Volatility measures at only 32 pips and traded volume is extremely low. The bearish sentiment of the traders is 15 percent short. Trading has been passive and the rate movement narrow, so no significant moves in funds should be expected. I’m Jack Everitt and this was the Midday Snapshot for Monday.
The morning session is over on this Monday, so let’s see how things are shaping up for traders.
Euro/dollar has had a slow session, high and low difference is just 27 pips. Traded volume is average and the neutral sentiment of the traders is close to an even balance. Both sides have seen only limited profit opportunities due to the narrow price movement range.
Pound/Dollar has walked in a total range of 49 pips, but the pair sees a typical amount of funds. Neutral sentiment of the traders is leaning towards the long side by 10 percent. Decline was followed by a rise and success depends on the timing of the trades.
Dollar/Yen’s morning has been calm – high and low difference is just 25 pips and traded volume is extremely low. Most of the funds were in long positions, but both the passive trading and the flat rate movement suggest no significant moves in funds should be expected.
Pound/Yen has been traded in a total range of just 50 pips and traded volume is low. Neutral sentiment of the traders is at an even balance. Both the passive trading approach and the calm rate movement are limiting factors.
Euro/Yen’s day has been slower than usual as well. Volatility measures at only 32 pips and traded volume is extremely low. The bearish sentiment of the traders is 15 percent short. Trading has been passive and the rate movement narrow, so no significant moves in funds should be expected.
I’m Jack Everitt and this was the Midday Snapshot for Monday.
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