Find out how trading has been shaping up for the currency traders during the morning session on this Thursday by watching the Dukascopy Midday Snapshot.
Euro/Dollar took a slide after 7 o’clock and the pair stands point 75% in the red. Traded volume is high, 27% up from the pair’s monthly average and the neutral sentiment of the traders is just 5% long. Steep slide makes a profitable morning session very much likely for those who had short positions.
Pound/Dollar moved sharply lower hours into the session and a loss of point 4% has been posted. The Cable sees 37% less than average funds and sentiment of the traders is neutral at 11% long. Late decline has provided solid profit chances for bearish market players.
Dollar/Yen dropped by a considerable 235 pips, but the pair stood 1.39% in the red at noon as it rose from the daily low. Trading has been active, this pair has attracted more than double the monthly average funds and sentiment of the traders is neutral, 3% short. Early hours provided solid profit opportunities for bears, but the following rise was good news for bulls.
Pound/Yen stands close to 2% in the red after plummeting by a total of almost 400 pips. Turnover is 73% up from the monthly average and sentiment of the traders is neutral, 6% short. Trading should be successful for those who had short positions.
Euro/Yen’s day has been bearish and slide puts the pair more than 2% in the red. Traded volume is low and the neutral sentiment of the traders is 3% short. Steep slide makes profits very much likely for bearish market players.
I’m Celeste Scinner and this brings Thursday’s Midday Snapshot to an end. We`ll be updating these stats every hour, so stay tuned.
You can view this video and the full video archive on the Dukascopy TV page: http://www.dukascopy.com/tv/en/#186787
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