Dukascopy Midday Snapshot 250809 Louise McCauley

Hello. Trading day is approaching its equator this Tuesday, August 25th. I, __________, am here to update you on what success market players have had so far through our Mid-day Snapshot broadcast.
Euro/Dollar has fluctuated well beyond its typical range of 55 pips. Strong bullish trend has taken over after a rather steep dip, and the resulting price change by noon GMT is point 29% up. Traders showing very high interest so far, volumes are increased by 79%. Long side prevails by decisive 45%. Profits are possible, however only for those who exercised patience.
Cable has been moving about quite a, although 10 pips shy of its average volatility reading. The chart for these 12 hours looks like a rollercoaster, but the price moved only 9 basis points down. Trading saw a sizable boost, up by 40%. Sentiment leans on the bearish side by 25%. The day provided lucrative exit opportunities for the bears, however those who were not out quickly enough could see most of the gains vanish.
66 and a half pips is above the typical high/low margin for Dollar/Yen. The high point coincided with the days opening price and, after rate touched the bottom, it bounced back with the drop reduced to point 32% by noon GMT. Trading has been active here as well, with turnover exceeding the average by 44%. The buy side outweighs heavily by 45%. Looks like majority of investors will have to deal with losses, although not as grave as those they were facing several hours ago.
At 138 pips, Pound/Yen is within its typical volatility limits. The chart is off the daily lows so far, but the total is still point 41% in the red. Traded volumes are booming, exceeding the average by 136%. Very mixed position taking, with the short side ahead only by 3%. Todays trend has offered some opportunities to buyers, but sellers stand greater chance to win. Any PNL will be amplified by the large turnover.
Euro/Yen is slightly more active than normally, the price was moving within 107 and a half pips. This shift was fully manifested in the slide during the days first quarter. However, the pair has almost fully recovered by 12 OClock, with only fractional loss remaining. No lack of traded funds here as well, 54% more than on average. The downtrend was largely expected, with bears prevailing by 47%. These forecasts were true for the first hours after midnight. Choice of take-profit tactics will separate those who will see a sizable boost to their equity and those, who will walk away with almost zero gain.
This was the picture of Tuesdays trading at 12 GMT. We will return tomorrow with a broadcast of Wednesdays snapshot. Goodbye.

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