It’s 12 PM GMT this Thursday, and the Dukascopy TV team is here with another Midday Snapshot. Euro/Dollar was heading up during most of the session, but a late correction cancelled out some of the gains. Turnover is low and the neutral sentiment of the traders is two percent short. Bulls had plenty of chances during the uptrend, but the late correction was good news for bears. Pound/Dollar rose by 74 pips to trade point 34 percent in the green at noon. The Cable sees 37 percent less than typical funds and neutral sentiment is just four percent short. Upward pressure has been stronger so far today, making profits more likely for those who were in long positions. Dollar/Yen has seen its trend change and the pair walked in a total range of 121 pips. Trading has been extremely active, volume is a massive 281 percent up from the monthly average and neutral sentiment is seven percent long. Shifting trend has provided both sides with their profit chances. Pound/Yen has moved sharply in both directions and the pair was point 46 percent in the green at midday. Traded volume is extremely high and the neutral sentiment is six percent short. The trend has been changing and with correct timing, profits are likely. The trend has been changing for the Euro/Yen as well and a gain of point 37 percent was posted at noon. Traded volume is high and neutral sentiment is almost at an even balance. Success depends on the timing of the trades here as well. That’s how things look so far. I’m Jack Everitt and goodbye for now.
It’s 12 PM GMT this Thursday, and the Dukascopy TV team is here with another Midday Snapshot.
Euro/Dollar was heading up during most of the session, but a late correction cancelled out some of the gains. Turnover is low and the neutral sentiment of the traders is two percent short. Bulls had plenty of chances during the uptrend, but the late correction was good news for bears.
Pound/Dollar rose by 74 pips to trade point 34 percent in the green at noon. The Cable sees 37 percent less than typical funds and neutral sentiment is just four percent short. Upward pressure has been stronger so far today, making profits more likely for those who were in long positions.
Dollar/Yen has seen its trend change and the pair walked in a total range of 121 pips. Trading has been extremely active, volume is a massive 281 percent up from the monthly average and neutral sentiment is seven percent long. Shifting trend has provided both sides with their profit chances.
Pound/Yen has moved sharply in both directions and the pair was point 46 percent in the green at midday. Traded volume is extremely high and the neutral sentiment is six percent short. The trend has been changing and with correct timing, profits are likely.
The trend has been changing for the Euro/Yen as well and a gain of point 37 percent was posted at noon. Traded volume is high and neutral sentiment is almost at an even balance. Success depends on the timing of the trades here as well.
That’s how things look so far. I’m Jack Everitt and goodbye for now.
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