Midday Snapshot

It’s time for the Dukascopy Midday Snapshot where we`ll find out how market players have performed during the morning session on this Thursday. Euro/Dollar has had a slow day — high and low difference is just 34 pips and traded volume is low. Sentiment of the traders is neutral, long positions are up by 13%. Both the flat rate movement and the passive trading approach are limiting factors. Pound... Еще/Dollar’s early decline was followed by a rise, which has resulted in a gain of point 17%. Turnover is low and most of the traders have been forecasting the pair to head higher. Trading should be successful if it was done after 6 AM. Dollar/Yen rose by a total of 56 pips and the pair stood point 42% in the green at midday. This pair sees just half of the monthly average funds and sentiment of the marker players is neutral, 11% long. Bullish rate movement makes profits more likely for those who had long positions. Pound/Yen had a slow start, but the following rise puts the pair point 58% in the positive territory. Traded volume is average and neutral sentiment of the traders is 5% long. Steep rise has provided solid profit opportunities for those who were long. Euro/Yen has gained some ground as well and rise puts the pair point 34% in the green. Traded volume is extremely low and most of the market players have been forecasting the pair to head North. Uptrend has provided traders with their profit chances and only the slow trading limits upside potential. I’m Celeste Skinner and that’s it for Thursday’s Dukascopy Midday Snapshot.

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