Morning session is over on this Tuesday so let’s see how traders have performed so far.
Euro/Dollar has been on a rise and the pair stands point 52% up from midnight’s level at noon. Traded volume is average and the neutral sentiment of the traders is 5% short. Rate movement has been bullish during most of the morning session, making profits more likely for those who were long.
Pound/Dollar shot up by a total of 155 pips and the pair stood point 89% in the green at midday. The Cable sees a typical amount of funds and the neutral sentiment of the market players is 8% short. Bulls have been in better positions so far here as well.
Dollar/Yen has been trending higher and a gain of point 53% was posted at 12 o’clock. Turnover is average and sentiment of the market players is neutral, standing at a balance. There have been plenty of profit opportunities for those who had long positions.
Pound/Yen’s day has been bullish and the rate stood a considerable 1.44% in the green at noon. Trading has been active, volume is high and sentiment of the traders is neutral. A successful morning session is more likely for bullish market players.
Euro/Yen has shot up by a total of 181 pips and steep rise puts the rate more than 1% in the green. Trading has been passive, volume is extremely low and most have been forecasting the rate to head South. Steep rise makes losses more likely, but they should be limited by the passive trading.
I’m Lucy Palfreeman and this wraps up the Midday Snapshot for Tuesday, but we`ll be updating these stats every hour, so stay tuned.
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