The Calm Before The Storm
September 27, 2018 1:08 pmVideo
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It’s time for the midday snapshot where we assess the performance of traders until 12PM GMT this Thursday.
First up is the EUR/USD where a drop of 72 pips leaves the pair point 37% down from the opening level at noon. Trading has been active and sentiment is neutral. A good day for bears here so far.
Next we look at GBP/USD where a drop of 71 pips leaves the pair point 23% in the red at midday. Traded volume is average and sentiment is neutral at 8% short. Again, chances for bears here.
USD/JPY’s biggest move was a drop of 34 pips, but a following rise puts the pair just point 12% in the green at midday. Traded volume is average and sentiment is bearish at 21% short. Traders had chances early on before the rebound, so success depends on the timing of your trades.
The penultimate pair in this report is the GBP/JPY where a drop of 114 pips leaves the pair point 11% in the red at midday. Trading has been slow, with 22% less than typical funds and sentiment is Neutral. Chances for bears here, if trades were executed early.
Finally we have the EUR/JPY where a drop of 110 pips leaves the pair point 25% in the red at midday. Trading has been extremely active with 134% more than typical funds and sentiment is bullish at 18% long. So far a bad day for traders due to the drop in price.
That’s all for this midday snapshot with myself Jack Everitt, thanks for watching, we’ll be back with more tomorrow, until then, goodbye.
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