18.08.2016 – Midday Snapshot by Dukascopy

By | August 18, 2016

Let’s see how the trader’s sentiment compares with the actual rate movement during the morning session on this Thursday.
Euro/Dollar has been trending slowly higher to stand point 2% in the green at noon. Traded volume is average and sentiment of the traders is neutral, just 3% long. Gradual rise makes a successful morning session more likely for those who had long positions.
Pound/Dollar shot up by a total of 132 pips and a gain of point 79% has been posted. The Cable sees 40% more than typical funds and the neutral sentiment of the traders is just 2% long. Surge has provided solid profit opportunities for bullish market players.
Dollar/Yen has been on a rise and it puts the pair point 38% in the green. Turnover is 44% up from the pair’s monthly average and sentiment of the traders is neutral, 3% short. There have been plenty of profit chances for those who were long.
Pound/Yen has had a bullish morning session and the pair is 1.17% up from the opening level at midday. Traded volume is low and the neutral sentiment of the traders is leaning towards the long side by 12%. Profits are very much likely for the small majority of traders that had long positions.
Euro/Yen’s uptrend has resulted in a gain of point 58%. Traded volume is average and the neutral sentiment of the traders is just 5% long. Rate has been trending higher, suggesting profits are more likely for bulls.
I’m Sam Meredith and that’s how things look like at 12 o’clock. We’ll be updating these stats on an hourly basis, so stay tuned.

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