Midday Snapshot — April 11th 2012

Apr 11, 2012

The Midday Snapshot reviews and analyzes the trading activity in relation to the actual market movement.
The overview is provided for the five most popular currency pairs — EUR/USD, GBP/USD, USD/JPY, GBP/JPY and EUR/JPY for the period starting at 0:00 and ending at 12:00 GMT. The bulletin will contrast the traders sentiment with actual market movement, as well as providing information on the volatility, given in pips, and traded volume. The Dukascopy Forex News Team completes the daily broadcast right before the start of the US trading session, giving Forex traders a useful overview of the morning trading.

Midday Snapshot — April 10th 2012

Apr 10, 2012

The Midday Snapshot reviews and analyzes the trading activity in relation to the actual market movement.
The overview is provided for the five most popular currency pairs — EUR/USD, GBP/USD, USD/JPY, GBP/JPY and EUR/JPY for the period starting at 0:00 and ending at 12:00 GMT. The bulletin will contrast the traders sentiment with actual market movement, as well as providing information on the volatility, given in pips, and traded volume. The Dukascopy Forex News Team completes the daily broadcast right before the start of the US trading session, giving Forex traders a useful overview of the morning trading.

EUR/GBP, EUR/CHF — April 10th 2012

Apr 10, 2012

Watch the latest analysis of the EUR/GBP, EUR/CHF Forex pairs for the April 10th in this video. EUR/GBP — fell for part of the session on Monday, rose for another part, and finished the session as a long—legged doji. We are approaching the support area — 0.8200 level. It looks like perhaps we could see a little bit of a bounce. It invites us to sell at higher levels. The 0.8300 level looks like it should turn into resistance and it hasn’t truly been tested. Perhaps a bounce in the future in this pair is only to sell—off again. Buying is going to be difficult as there is far too much noise between 0.8300 and 0.8400 levels. EUR/CHF — With the 1.20 level being so obvious — the level the SNB has been defending, there is no reason not to take a long trade everytime it gets closer to 1.20 level. We see two outcomes, either a slow rise in this pair which we have done once or twice here inorder to pick 10 to 15 pips or a breakdown and the SNB intervention. The SNB has to possibly defend the 1.20 level, if they don’t the pair will be 1.10 overnight. With the 1.20 level being so supported, it simply cannot fall — and there is no real reason to own the Euro.

EUR/CHF,EUR/USD — April 9th 2012

Apr 8, 2012

Watch the latest analysis of the EUR/CHF, EUR/USD Forex pairs for the upcoming April 9th session in this video. EUR/CHF — Friday session produced another negative day but the range was only about 20 pips or so. And as such it looks like that the 1.20 level is going to be tested by the market. The Swiss National Bank has to defend this level or risk losing credibility. Once they lose credibility then we will see 1.10 in the blink of an eye. Because of this, we are not interested in testing the central bank’s will. Selling is seen as financial suicide at this point. Buying can be done though — if you are patient. EUR/USD — did rise in value on Friday session, but the pair was stopped dead in its tracks by the first sign of resistance at 1.31 and sat still, even after the poor non—farm payroll number. We see a breakdown below the 1.30 level as an excellent sell signal as it should move towards the 1.26, 1.25 levels. Any rallies in this pair is seen as a potential selling opportunity as well, especially when we get close to the 1.33 level. We do look to sell the Euro and have no interest in buying it at this point.

Midday Snapshot — April 5th 2012

Apr 5, 2012

The Midday Snapshot reviews and analyzes the trading activity in relation to the actual market movement.
The overview is provided for the five most popular currency pairs — EUR/USD, GBP/USD, USD/JPY, GBP/JPY and EUR/JPY for the period starting at 0:00 and ending at 12:00 GMT. The bulletin will contrast the traders sentiment with actual market movement, as well as providing information on the volatility, given in pips, and traded volume. The Dukascopy Forex News Team completes the daily broadcast right before the start of the US trading session, giving Forex traders a useful overview of the morning trading.

Midday Snapshot — April 4th 2012

Apr 4, 2012

The Midday Snapshot reviews and analyzes the trading activity in relation to the actual market movement.
The overview is provided for the five most popular currency pairs — EUR/USD, GBP/USD, USD/JPY, GBP/JPY and EUR/JPY for the period starting at 0:00 and ending at 12:00 GMT. The bulletin will contrast the traders sentiment with actual market movement, as well as providing information on the volatility, given in pips, and traded volume. The Dukascopy Forex News Team completes the daily broadcast right before the start of the US trading session, giving Forex traders a useful overview of the morning trading.

Midday Snapshot — April 3rd 2012

Apr 3, 2012

The Midday Snapshot reviews and analyzes the trading activity in relation to the actual market movement.
The overview is provided for the five most popular currency pairs — EUR/USD, GBP/USD, USD/JPY, GBP/JPY and EUR/JPY for the period starting at 0:00 and ending at 12:00 GMT. The bulletin will contrast the traders sentiment with actual market movement, as well as providing information on the volatility, given in pips, and traded volume. The Dukascopy Forex News Team completes the daily broadcast right before the start of the US trading session, giving Forex traders a useful overview of the morning trading.

Midday Snapshot — April 2nd 2012

Apr 2, 2012

The Midday Snapshot reviews and analyzes the trading activity in relation to the actual market movement.
The overview is provided for the five most popular currency pairs — EUR/USD, GBP/USD, USD/JPY, GBP/JPY and EUR/JPY for the period starting at 0:00 and ending at 12:00 GMT. The bulletin will contrast the traders sentiment with actual market movement, as well as providing information on the volatility, given in pips, and traded volume. The Dukascopy Forex News Team completes the daily broadcast right before the start of the US trading session, giving Forex traders a useful overview of the morning trading.

Midday Snapshot — March 30th 2012

Mar 30, 2012

The Midday Snapshot reviews and analyzes the trading activity in relation to the actual market movement.
The overview is provided for the five most popular currency pairs — EUR/USD, GBP/USD, USD/JPY, GBP/JPY and EUR/JPY for the period starting at 0:00 and ending at 12:00 GMT. The bulletin will contrast the traders sentiment with actual market movement, as well as providing information on the volatility, given in pips, and traded volume. The Dukascopy Forex News Team completes the daily broadcast right before the start of the US trading session, giving Forex traders a useful overview of the morning trading.

Midday Snapshot — March 29th 2012

Mar 29, 2012

The Midday Snapshot reviews and analyzes the trading activity in relation to the actual market movement.
The overview is provided for the five most popular currency pairs — EUR/USD, GBP/USD, USD/JPY, GBP/JPY and EUR/JPY for the period starting at 0:00 and ending at 12:00 GMT. The bulletin will contrast the traders sentiment with actual market movement, as well as providing information on the volatility, given in pips, and traded volume. The Dukascopy Forex News Team completes the daily broadcast right before the start of the US trading session, giving Forex traders a useful overview of the morning trading.