Euro/Dollar has been moving in waves, but the single biggest move was a gain of 43 pips. Still, the pair stood point 13% in the red at noon. This pair sees the usual amount of funding, and the sentiment is neutral at 6% long. Timing has been key to success as trend was shifting throughout the session.
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The Cable’s initial gain of 61 pips was followed by a decline, which brought it back near the opening level at midday. Traded volume is in line with the monthly average, but the sentiment is bullish as long positions prevail by 25%. Success is possible if trading was done in the first half of the session.
Dollar/Yen has had a generally bearish session, and a loss of 50 pips left it point 35% in the red after 12 hours of trading. Traded volume again is typical for this pair, and the neutral traders sentiment stands at 4% short. Bears have been in much better positions so far.
Pound/Yen’s daily volatility of 89 pips was posted during a rise, but the pair still was point 29% in the red at noon. Trading has been active, and most traders had anticipated the rise as long positions are up by 26%. Success is very much possible, but timing was crucial.
Euro/Yen’s single biggest move was a drop of 87 pips, and the total loss reached point 47% at midday. Traded volume is 62% up from the monthly average, and the sentiment is neutral at 3% long. The overall trend was more favourable for bears, but bulls did have some limited chances with good timing.
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