The morning session is over on this Tuesday, and it’s time for the Midday Snapshot. Euro/Dollar’s initial rise was followed by a drop of 53 pips, but the pair still was point 11% in the green at noon. Trading has been usual in terms of funding, and both sides are at a balance. Success depends on timing as both sides had their chances during the day. The Cable’s daily volatility of 84 pips was posted during a decline, and the pair was point 15% in the red at midday. Traders have been very active, and the neutral trader’s sentiment stands at 1% long. Bears have been in better positions, although bulls did have some chances. Dollar/Yen was back at the opening level after walking in the total range of 51 pips. This pair sees 22% more funding than usual, and the sentiment is neutral at 6% long. The first half of the session was more favourable for bulls, and bears had their opportunities during the second half. Pound/Yen dropped by 127 pips after 5 AM, and the total loss reached point 13% after 12 hours of trading. This pair sees more than twice its usual amount of funding, although the sentiment again is neutral at 4% long. The high volume suggests some major shifts in funds, and success is more likely for bears. And Euro/Yen’s early rise of 91 pips was followed by a correction, but it still was point 12% in the green at midday. Trading has been active, and bullish positions are up by a third. Success is likely if positions were not opened after 7 o’clock. I’m Celeste Skinner and that’s how things look so far, but you may track the latest market movements with the hourly updates.
The morning session is over on this Tuesday, and it’s time for the Midday Snapshot.
Euro/Dollar’s initial rise was followed by a drop of 53 pips, but the pair still was point 11% in the green at noon. Trading has been usual in terms of funding, and both sides are at a balance. Success depends on timing as both sides had their chances during the day.
The Cable’s daily volatility of 84 pips was posted during a decline, and the pair was point 15% in the red at midday. Traders have been very active, and the neutral trader’s sentiment stands at 1% long. Bears have been in better positions, although bulls did have some chances.
Dollar/Yen was back at the opening level after walking in the total range of 51 pips. This pair sees 22% more funding than usual, and the sentiment is neutral at 6% long. The first half of the session was more favourable for bulls, and bears had their opportunities during the second half.
Pound/Yen dropped by 127 pips after 5 AM, and the total loss reached point 13% after 12 hours of trading. This pair sees more than twice its usual amount of funding, although the sentiment again is neutral at 4% long. The high volume suggests some major shifts in funds, and success is more likely for bears.
And Euro/Yen’s early rise of 91 pips was followed by a correction, but it still was point 12% in the green at midday. Trading has been active, and bullish positions are up by a third. Success is likely if positions were not opened after 7 o’clock.
I’m Celeste Skinner and that’s how things look so far, but you may track the latest market movements with the hourly updates.
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