EUR/USD Rises Slowly

The morning session is over on this Monday, so let's see how things are shaping up for traders. Euro/dollar rose by 38 pips and a gain of point 31 percent was posted at noon. Traded volume is average and the neutral sentiment of the traders is leaning towards the short side by 14 percent. Uptrend has provided profit opportunities for bullish market players. Pound/Dollar’s rate rose after 8 AM... Еще and a gain of point 23 percent was posted by 12 o’clock. The Cable sees double the usual fund and sentiment of the traders is neutral, at an even balance. The late rise suggests a successful morning session for bulls. The session has been calm for the Dollar/Yen pair, which has walked in a total range of only 15 pips. Traded volume is extremely low and the neutral sentiment of the traders is seven percent short. Both the calm rate movement and passive trading approach suggest no significant profits or losses are likely. Pound/Yen rose slowly by a total of 49 pips and a gain of point 18 percent has been posted. Traded volume is average and most of the funds were in long positions. The rate did go per those expectations, making profits very much likely. Euro/Yen rose by a total of 45 pips and the rise has resulted in a gain of point 27 percent. Turnover is average and most of the traders have been forecasting the pair to head higher. The day has been bullish for this pair, suggesting profits for investors. I'm Jack Everitt and this was the Midday Snapshot for Monday.

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