Find out how successful traders have been on the FX markets so far this Monday by watching the Dukascopy Midday Snapshot. Euro/Dollar rose early in the session by 44 pips, but a following decline has wiped out most of the gains. Traded volume is average and neutral sentiment is leaning towards the short side by 12%. Bulls had their chances shortly after midnight, but the following downtrend was good news for bears. Pound/Dollar dropped as midday approached and a loss of point 49% was posted at noon. The Cable sees 20% less than typical funds and neutral sentiment of the traders is 7% long. Late decline has provided solid profit opportunities for those who were short. Dollar/Yen’s early decline was followed by a rise, which has resulted in a slight gain. Traded volume is average and sentiment of the traders is neutral, 13% short. Early hours should be successful for bears, but the change in trend provided bulls with profit chances as well. Pound/Yen dropped hours into the trading day to trade point 37% in the red at 12 o’clock. Trading has been passive, volume is extremely low and the neutral sentiment of the trades stands 3% short. Late drop puts bears in better positions, but the passive trading approach is the limiting factor. Euro/Yen has been trending up and a gain of point 21% has been posted. Turnover is typical and most of the traders have been forecasting the pair to head lower. Gradual rise has brought risks for investors that were mostly positioned for a decline. I’m Jack Everitt and that’s it for the 12 o’clock Midday Snapshot report. Goodbye for now.
Find out how successful traders have been on the FX markets so far this Monday by watching the Dukascopy Midday Snapshot.
Euro/Dollar rose early in the session by 44 pips, but a following decline has wiped out most of the gains. Traded volume is average and neutral sentiment is leaning towards the short side by 12%. Bulls had their chances shortly after midnight, but the following downtrend was good news for bears.
Pound/Dollar dropped as midday approached and a loss of point 49% was posted at noon. The Cable sees 20% less than typical funds and neutral sentiment of the traders is 7% long. Late decline has provided solid profit opportunities for those who were short.
Dollar/Yen’s early decline was followed by a rise, which has resulted in a slight gain. Traded volume is average and sentiment of the traders is neutral, 13% short. Early hours should be successful for bears, but the change in trend provided bulls with profit chances as well.
Pound/Yen dropped hours into the trading day to trade point 37% in the red at 12 o’clock. Trading has been passive, volume is extremely low and the neutral sentiment of the trades stands 3% short. Late drop puts bears in better positions, but the passive trading approach is the limiting factor.
Euro/Yen has been trending up and a gain of point 21% has been posted. Turnover is typical and most of the traders have been forecasting the pair to head lower. Gradual rise has brought risks for investors that were mostly positioned for a decline.
I’m Jack Everitt and that’s it for the 12 o’clock Midday Snapshot report. Goodbye for now.
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