This is the Dukascopy Midday Snapshot, where we take a look at how market participants have performed over the 12 hours to midday. Euro/Dollar was slightly in the red after walking in a total range of 43 pips. Traded volume is average and neutral sentiment of the traders is 2% short. Both sides have seen some chances, but the calm rate movement is the limiting factor. Pound/Dollar was a fraction in the green at midday as a single trend hasn’t formed. The Cable sees more than double the monthly average funds and neutral sentiment is leaning towards the long side by 11%. Success depends on the timing of the trades as a single trend hasn’t formed. Dollar/Yen has been trending up and the pair was point 2% in the green at noon. Traded volume is extremely low and most of the traders have been forecasting the pair to head higher. It did go per those expectations and a more active trading approach would have increased profits. Pound/Yen gained more than 115 pips to hit the daily high. Turnover is high and neutral sentiment of the traders is just 3% short. Uptrend has provided profit opportunities for bullish market players. Euro/Yen rose slowly to hit the daily high just a pip above the 129 level. Traded volume is low and most of the traders have been in long positions. There were some profit chances, but they were limited by the passive trading approach and the calm rate movement. I’m Kiays Khalil and that brings Thursday’s Midday Snapshot to an end.
This is the Dukascopy Midday Snapshot, where we take a look at how market participants have performed over the 12 hours to midday.
Euro/Dollar was slightly in the red after walking in a total range of 43 pips. Traded volume is average and neutral sentiment of the traders is 2% short. Both sides have seen some chances, but the calm rate movement is the limiting factor.
Pound/Dollar was a fraction in the green at midday as a single trend hasn’t formed. The Cable sees more than double the monthly average funds and neutral sentiment is leaning towards the long side by 11%. Success depends on the timing of the trades as a single trend hasn’t formed.
Dollar/Yen has been trending up and the pair was point 2% in the green at noon. Traded volume is extremely low and most of the traders have been forecasting the pair to head higher. It did go per those expectations and a more active trading approach would have increased profits.
Pound/Yen gained more than 115 pips to hit the daily high. Turnover is high and neutral sentiment of the traders is just 3% short. Uptrend has provided profit opportunities for bullish market players.
Euro/Yen rose slowly to hit the daily high just a pip above the 129 level. Traded volume is low and most of the traders have been in long positions. There were some profit chances, but they were limited by the passive trading approach and the calm rate movement.
I’m Kiays Khalil and that brings Thursday’s Midday Snapshot to an end.
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