Pound/Dollar has been calmer than usual, walking in a total range of 55 pips and attracting 24% less than typical funds. Neutral sentiment of the traders is 3% long. Both the calm trading and the narrow price movement range are limiting factors.
Dollar/Yen rose early in the day and the pair stood point 27% in the green at 12 o’clock. Turnover is high and neutral sentiment of the traders is 1% short. Early jump has provided solid profit opportunities for those who were long.
Pound/Yen has gained ground as well and rise puts the pair point 38% up from the opening level at noon. Traded volume is average and most of the funds have been driven by bullish expectations. The pair did go per those estimates, making profits very much likely.
And last up is the Euro/Yen, which rose sharply as well and this has attracted attention of the traders – the pair sees more than double the monthly average funds. Sentiment, however, is neutral, 11% long. Jump puts bullish market players in better positions.
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