This is the Dukascopy Midday Snapshot, where we take a look at how market participants have performed over the 12 hours to noon. Euro/Dollar moved further South of the 1 14 level to trade point 26% in the red at noon. Turnover is low and sentiment of the traders is neutral, short positions are up by 9%. Decline puts bears in better positions, but both the calm trading approach and the narrow price movement range are limiting factors. The Cable took a slide and it has resulted in a loss of point 49%. Pound/Dollar has attracted 47% more than typical funds and sentiment is neutral, 6% short. Slide makes a successful morning session more likely for those who were in short positions. Dollar/Yen has moved up towards the 113 level and gain of point 54% has been posted. Traded volume is typical in terms of volume and neutral sentiment is 12% short. Steep uptrend has provided plenty of profit opportunities for bulls. Pound/Yen has seen its trend change and the pair was back near the opening level at midday. Traded volume is average and most of the funds were in short positions. Success depends on the timing of the trades as the trend has shifted. Euro/Yen retreated slightly from the daily high, but most of the session has been bullish. Turnover is low and neutral sentiment of the traders is 10% long. Uptrend has provided plenty of profit chances for those who were in long positions. I’m Kiays Khalil and you’ve been watching the Midday Snapshot for Tuesday.
This is the Dukascopy Midday Snapshot, where we take a look at how market participants have performed over the 12 hours to noon.
Euro/Dollar moved further South of the 1 14 level to trade point 26% in the red at noon. Turnover is low and sentiment of the traders is neutral, short positions are up by 9%. Decline puts bears in better positions, but both the calm trading approach and the narrow price movement range are limiting factors.
The Cable took a slide and it has resulted in a loss of point 49%. Pound/Dollar has attracted 47% more than typical funds and sentiment is neutral, 6% short. Slide makes a successful morning session more likely for those who were in short positions.
Dollar/Yen has moved up towards the 113 level and gain of point 54% has been posted. Traded volume is typical in terms of volume and neutral sentiment is 12% short. Steep uptrend has provided plenty of profit opportunities for bulls.
Pound/Yen has seen its trend change and the pair was back near the opening level at midday. Traded volume is average and most of the funds were in short positions. Success depends on the timing of the trades as the trend has shifted.
Euro/Yen retreated slightly from the daily high, but most of the session has been bullish. Turnover is low and neutral sentiment of the traders is 10% long. Uptrend has provided plenty of profit chances for those who were in long positions.
I’m Kiays Khalil and you’ve been watching the Midday Snapshot for Tuesday.
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