USDJPY Declines Towards 112 [Video]

Dukascopy Bank Team Dukascopy Bank SA

Euro/Dollar moved back towards the 1 15 level and a slight gain was posted at noon. Traded volume is average and neutral sentiment of the traders is 9% short. Gradual rise has provided some profit chances for bullish market players. The Cable has shot up by more than 100 pips and rise has resulted in a gain of point 48%. Pound/Dollar sees more than double the monthly average funds and sentiment is neutral, 8% short. Steep rise puts bullish traders in better positions so far today. Dollar/Yen took a slide and it puts the pair point 43% in the red. Turnover is high and sentiment of the traders is neutral, 13% long. The rate took a slide, providing profit opportunities for those who were in short positions. Pound/Yen has seen its trend change and the pair was back near the opening level at midday. Turnover is high and most of the funds were in long positions. Traders had their risks, but the late rise provided solid profit opportunities. Euro/Yen has moved lower and the pair stood point 3% in the red at 12 o’clock. Traded volume is average and most of the traders were forecasting the pair to head higher. It went in the opposite direction to those forecasts and losses are more likely.

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Dukascopy Bank Team

Dukascopy Bank SA

Dukascopy Bank stands as an innovative Swiss online banking institution, with its headquarters situated in Geneva, Switzerland.

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