JPY Weakens During Morning Session [Video]
|Euro/Dollar has been trending up and rise has resulted in a gain of point 26%. Traded volume is average and neutral sentiment of the traders is 5% long. Gradual rise makes a successful morning session more likely for those who were in long positions.
Pound/Dollar stood slightly in the green after walking in a total range of 48 pips. The Cable sees an average amount of funds and neutral sentiment of the traders is 8% long. Both sides have seen some profit opportunities as the trend changed.
Dollar/Yen rose by 45 pips and a gain of point 26% has been posted. Traded volume is low and neutral sentiment of the traders is 3% short. Uptrend suggests a successful morning session for those who were in long positions.
Pound/Yen has been trending higher and a gain of point 42% was recorded at noon. Traded volume is extremely low and most of the funds were in short positions. Rise has brought risks for investors, but the passive trading approach is the cushion. Euro/Yen has gained ground to trade point 53% in the green at 12 o'clock. Trading has been active, volume is a massive 137% up from the monthly average and neutral sentiment is just 1% long. Bulls have seen plenty of profit opportunities as the pair advanced.
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