22.07.2016 – Midday Snapshot by Dukascopy

By | July 22, 2016

We’re halfway through this week’s last trading day, so let’s see how things are shaping up for the market players.
Euro/Dollar has had another calm session, as the daily volatility is a very anemic 29 pips. The pair was a fraction down from the opening level at noon. Still, trading has been active, and the sentiment is neutral at 7% short. Performance is difficult to assess as no clear trend has formed so far.
The Cable saw a sharp drop after 8 o’clock, losing 207 pips, and the total loss reached point 91% at midday. Traded volume is 40% up from the monthly average, and the neutral trader’s sentiment stands at 3% long. Bears had some great opportunities for profit whereas bulls faced risks.
Dollar/Yen, on the other hand, has had a bullish session, as a gain of 72 pips left it point 26% in the green at 12 o’clock. Traders have used 23% less funding than usual, and the sentiment is neutral at 8% short. Trading should be successful for bulls, but a bolder approach would have increased the profits.
Pound/Yen’s initial rise was followed by a drop of 231 pips, which left it point 65% in the red at noon. This pair sees 27% less funding than usual, and the sentiment is bearish as short positions prevail by 16%. Trading should be successful if positions were not closed in the first half of the session.
And Euro/Yen has been inching higher for most of the session, gaining 89 pips. The pair was point 19% up from the opening level after 12 hours. Trading has been typical in terms of volume, and the sentiment is neutral at 7% long. Bulls have been in better positions so far.
This was the Midday Snapshot for Friday with me, Kiays Khalil. Check back in for the hourly updates.

You can view this video and the full video archive on the Dukascopy TV page: http://www.dukascopy.com/tv/en/#189721

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

Category: Uncategorized

Leave a Reply

Your email address will not be published. Required fields are marked *