It’s noon GMT on this Monday and time for us to find out how this day has been shaping up for the market players. Euro/Dollar declined by a calmer than usual 40 pips to trade point 17% in the red at noon. Traded volume is average and neutral sentiment of the traders is almost at an even balance. Late decline makes profits more likely for bearish market players. Pound/Dollar has been trending South and decline has resulted in a loss of point 53%. The Cable sees 51% more than typical funds and most of them have been in long positions. The rate went in the opposite direction to the bullish forecasts, making losses more likely. Dollar/Yen has climbed higher and the pair stood point 21% up from the opening level at midday. Trading has been passive, volume is extremely low and most of the funds have been in long positions. The rate did go higher and only the passive trading approach limits upside potential. Pound/Yen declined by a total of 67 pips to hit the daily low just pips above the 144 level. Traded volume is average and sentiment is bullish, long positions are in the lead by 24%. Downtrend has brought risks for the majority of market players. Euro/Yen’s rate movement is flat, volatility is just 25 pips. Turnover is high and sentiment of the traders is neutral, short positions are up by 7%. Narrow price movement range suggests no significant shifts in trading accounts are likely. I’m Jack Everitt and that’s it for this week’s opening edition of the Midday Snapshot.
It’s noon GMT on this Monday and time for us to find out how this day has been shaping up for the market players.
Euro/Dollar declined by a calmer than usual 40 pips to trade point 17% in the red at noon. Traded volume is average and neutral sentiment of the traders is almost at an even balance. Late decline makes profits more likely for bearish market players.
Pound/Dollar has been trending South and decline has resulted in a loss of point 53%. The Cable sees 51% more than typical funds and most of them have been in long positions. The rate went in the opposite direction to the bullish forecasts, making losses more likely.
Dollar/Yen has climbed higher and the pair stood point 21% up from the opening level at midday. Trading has been passive, volume is extremely low and most of the funds have been in long positions. The rate did go higher and only the passive trading approach limits upside potential.
Pound/Yen declined by a total of 67 pips to hit the daily low just pips above the 144 level. Traded volume is average and sentiment is bullish, long positions are in the lead by 24%. Downtrend has brought risks for the majority of market players.
Euro/Yen’s rate movement is flat, volatility is just 25 pips. Turnover is high and sentiment of the traders is neutral, short positions are up by 7%. Narrow price movement range suggests no significant shifts in trading accounts are likely.
I’m Jack Everitt and that’s it for this week’s opening edition of the Midday Snapshot.
You can view this video and the full video archive on the Dukascopy TV page: http://www.dukascopy.com/tv/en/#253248
Смотрите Dukascopy TV на вашем языке: http://www.youtube.com/user/dukascopytvrussian
用您的语言观看杜高斯贝电视: http://www.youtube.com/user/dukascopytvchinese
Miren Dukascopy TV en su idioma: http://www.youtube.com/user/dukascopytvspanish
Schauen Sie Dukascopy TV in Ihrer Sprache: http://www.youtube.com/user/dukascopytvgerman
Regardez la Dukascopy TV dans votre langue: http://www.youtube.com/user/dukascopytvfrench
Veja a TV Dukascopy na sua língua: http://www.youtube.com/user/dukascopytvpt
Dukascopy TV is a free educational project producing daily updates on global markets, visit http://Dukascopy.com/tv for more
Related Posts: