We are half-way through the trading day on this Wednesday, so let’s see how it has been shaping up for the currency traders.
Euro/Dollar has walked in a narrow range of 43 pips, but the pair has attracted an average amount of funds. Sentiment of the traders is neutral, short positions are in the lead by 9%. Flat rate movement suggests no major changes in funds are likely for both sides.
Pound/Dollar dropped early in the session to hit the low of 1 2797, but all of the loss was recovered in a following rise. The Cable sees a typical amount of funds and sentiment of the traders is neutral, 9% short. Bears had their chances early in the day, but the following surge was good news for bulls.
Dollar/Yen has been moving South towards the 100 level and the pair stands point 66% in the red at midday. Trading has been active, volume is high and the neutral sentiment of the traders is just 1% short. Steep decline has provided plenty of profit chances for those who were short.
Pound/Yen rose after the early decline, but another slide puts it point 58% in the negative territory at noon. Traded volume is high and the neutral sentiment of the traders is 5% short. Both of the close to equal sides have had their chances as the trend has shifted.
Euro/Yen’s day has been bearish and a loss of point 75% was posted at 12 o’clock. Turnover is high and the neutral sentiment of the traders is 2% short. Bearish rate movement makes a successful morning session more likely for those who had short positions.
I’m Jessica Walker and this wraps up the Midday Snapshot for Wednesday, but we`ll be updating these stats on an hourly basis, so stay tuned.
You can view this video and the full video archive on the Dukascopy TV page: http://www.dukascopy.com/tv/en/#188367
Смотрите Dukascopy TV на вашем языке: http://www.youtube.com/user/dukascopytvrussian
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