Midday Snapshot

Find out how market players have performed during the morning session on this Thursday by watching the Dukascopy Midday Snapshot. Euro/Dollar rose by 80 pips as the pair approaches the 1 20 level. Turnover is high and neutral sentiment of the traders is 2% short. Rate started moving sharply higher after 6 AM, making profits more likely for those who had long positions. Pound/Dollar shows a... Еще similar picture, the pair rose sharply hours into the session to stand point 39% in the green at noon. The Cable sees 35% less than typical funds and most of them have been driven by bullish expectations. The rate did go per those forecasts and only the slow trading approach limits upside potential. Dollar/Yen has been trending South and slide has resulted in a loss of point 25%. Traded volume is average and neutral sentiment of the traders is 6% long. Downtrend makes profits more likely for those who were short. Pound/Yen’s gradual decline was followed by a rise, which wiped out all of the loss. Traders have used an average amount of funds trading this pair and most of the market players have been expecting the pair to appreciate. Trading should be successful if it was done after the daily low was reached. Euro/Yen rose above the 130 level and a gain of point 15% was posted at 12 o’clock. Trading has been passive, volume is extremely low and most have been forecasting the pair to head North. It did go per those expectations and a more aggressive trading approach would have increased profits. I’m Celeste Skinner and this was the Midday Snapshot for Thursday.

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