Midday Snapshot

The Dukascopy TV Team is once again bringing you the Midday Snapshot where we take a look at how the market players have performed over the 12 hours to noon. Euro/Dollar has been hovering around the 1 10 level and a gain of point 25% was posted at noon. Turnover is high and the neutral sentiment of the traders is leaning towards the short side by 11%. Both sides have had their profit chances as... Еще the trend has been shifting. The Cable has seen its trend change as well and the pair stood point 22% up from the opening level at midday. Traded volume is average and neutral sentiment of the traders is 13% long. Both sides have had their profit chances as the trend has shifted. Dollar/Yen dropped during the early trading hours and it has resulted in a loss of point 49%. This pair has attracted 46% more than average funds and sentiment of the traders is neutral, close to a balance. Early drop has provided solid profit opportunities for those who were short. Pound/Yen rose from the daily low, but the pair is still point 27% South of the opening level at 12 o’clock. Traded volume is average and most of the market players have been forecasting the rate to head higher. Early slide means risks, but the late bounce back was good news for investors. Euro/Yen moved steeply lower early on and a loss of point 24% was posted at midday. Traded volume is low and sentiment of the traders is bearish, short positions outweigh long ones by 21%. Steep decline makes a successful start of the day very much likely for investors. I’m Jessica Walker and that brings Thursday's Midday Snapshot to an end. As usual, these stats are updated on an hourly basis throughout the day, so stay tuned.

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