You’re watching Dukascopy Midday Snapshot. Here’s how the market players have been doing this morning session.
Euro/Dollar has been trending South and the pair stands point 31% in the red at noon. Traded volume is average and the neutral sentiment of the traders is just 4% short. Gradual downtrend has provided plenty of profit chances for those who had short positions.
Pound/Dollar jumped by 89 pips and it has resulted in a gain of point 24%. The Cable sees 41% more than typical funds and the neutral sentiment of the traders is 4% short. Surge makes profits more likely for bullish market players.
Dollar/Yen headed slowly towards the 100 level and a slight loss was posted at noon. Trading has been passive, volume is extremely low and sentiment of the traders is neutral, 9% long. Bears have been in better positions, but the passive trading and low volatility both are limiting factors.
Pound/Yen’s downtrend was followed by a rise and it puts the pair slightly in the positive territory. Trading has been active, volume is high and neutral sentiment of the traders is just 4% long. Changing trend has provided both of the close to equal sides with their profit chances.
Euro/Yen has been moving South and downtrend puts the pair point 36% in the red. Traded volume is average and sentiment of the traders is neutral, 7% long. Gradual downtrend suggests a successful morning session for those who were short.
I’m Kiays Khalil and that brings Wednesday’s Midday Snapshot to an end. Check back in throughout the day for the latest updates.
You can view this video and the full video archive on the Dukascopy TV page: http://www.dukascopy.com/tv/en/#192234
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