Midday Snapshot

The morning session is over on this Tuesday, so let's recap with the Midday Snapshot. Euro/Dollar was back near the opening level after walking in the total range of 45 pips. Trading is typical in terms of volume, and the neutral traders' sentiment stands at 5% short. Success depends on timing, although it could be limited by the narrow range movement. The Cable dropped by 111 pips after 7 o... Еще'clock, and the total loss reached point 51% at noon. Trading has been active, and the sentiment is neutral, although long positions are up by 13%. Bears had some decent chances for profit, whereas bulls faced risks. Dollar/Yen's decline of 53 pips was followed by a rise, which brought it back to the starting level at midday. This pair sees 39% less funding than usual, and the sentiment is bullish at 24% long. Success is possible with good timing. Pound/Yen has had a bearish session, and a loss of 113 pips left it point 51% in the red after 12 hours of trading. Traded volume is one third down from the monthly average, and most traders had anticipated a rise, as long positions are up by 36%. Traders did face risks, although the low volume could soften the blow. And Euro/Yen has seen little movement, as the daily high and low difference reaches just 39 pips. The pair was a fraction in the green at noon. Trading has been slower than usual, and the sentiment is strongly bullish at 46% long. Both the low volume and limited volatility make any major profits or losses unlikely. I'm Kiays Khalil and you've been watching the Midday Snapshot for Tuesday. We'll be providing you with the latest data throughout the day, so check back.

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