The morning session is over on this Friday; let’s look back at rate movements and trader performance. Euro/Dollar hit the daily high shortly after 7 AM, but a following decline has resulted in a slight loss. Turnover is high and neutral sentiment of the traders is almost at an even balance. Rise was followed by a decline, providing both sides with their profit opportunities. Pound/Dollar dropped by more than 100 pips and slide has resulted in a loss of point 74%. The Cable sees more than double the usual funds and sentiment is neutral, but long positions are up by 14%. Slide suggests a successful morning session for those who were in short positions. Dollar/Yen surged early in the session, but some of the gains were given up afterwards. Trading has been typical in terms of volume and neutral sentiment is 2% long. Bulls saw solid profit opportunities during the early trading hours. Pound/Yen’s early rise was followed by a slide, which puts the pair point 56% in the red. Traded volume is extremely high and neutral sentiment is 11% long. Slide puts bearish market players in better positions so far today. Euro/Yen rose by 68 pips, but the following slide wiped out most of the gains. Traded volume is extremely high and sentiment of the traders is neutral, short positions are up by 28%. Trading should be successful if it was done after the daily high was reached. So that’s how currency traders have performed so far on Friday.
The morning session is over on this Friday; let’s look back at rate movements and trader performance.
Euro/Dollar hit the daily high shortly after 7 AM, but a following decline has resulted in a slight loss. Turnover is high and neutral sentiment of the traders is almost at an even balance. Rise was followed by a decline, providing both sides with their profit opportunities.
Pound/Dollar dropped by more than 100 pips and slide has resulted in a loss of point 74%. The Cable sees more than double the usual funds and sentiment is neutral, but long positions are up by 14%. Slide suggests a successful morning session for those who were in short positions.
Dollar/Yen surged early in the session, but some of the gains were given up afterwards. Trading has been typical in terms of volume and neutral sentiment is 2% long. Bulls saw solid profit opportunities during the early trading hours.
Pound/Yen’s early rise was followed by a slide, which puts the pair point 56% in the red. Traded volume is extremely high and neutral sentiment is 11% long. Slide puts bearish market players in better positions so far today.
Euro/Yen rose by 68 pips, but the following slide wiped out most of the gains. Traded volume is extremely high and sentiment of the traders is neutral, short positions are up by 28%. Trading should be successful if it was done after the daily high was reached.
So that’s how currency traders have performed so far on Friday.
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