It’s time for Wednesday’s Main Daily Trading Signals. Here’s how the interbank compares with the technicals at 8 AM GMT. Euro/Dollar sees a contradicting mix of sell and buy prompts on its hourly chart. The mid and long-term scales bring 4 green models each, but, in contrast, the interbank is neutral at less than 12% long. All three time ranges bring different results for the Cable, which sees 4 neutral models in the short-term. The mid-term is mostly bearish, and the long-term is overwhelmingly bullish. Neutral at less than 3% short, the interbank matches the 1-hour studies. 7 studies point North on Dollar/Yen’s 1-hour chart. The 4-hour scale is mostly neutral, but the daily outlook turns red with 5 signals, and it is supported by the more than 41% short interbank. Next up is the Pound/Yen with 5 bullish signals on both its short and mid-term charts. The 24-hour scale brings 5 neutral models, in line with the less than 14% short interbank. And Euro/Dollar is overwhelmingly bullish in the short and mid-term. The long-term sees 5 neutral signals, but, in a notable contrast, the interbank is strongly bearish at more than 42% short. I’m Celeste Skinner and these were the Primary Daily Trading Signals for Wednesday. Stay tuned as we provide you with the latest data throughout the day.
It’s time for Wednesday’s Main Daily Trading Signals. Here’s how the interbank compares with the technicals at 8 AM GMT.
Euro/Dollar sees a contradicting mix of sell and buy prompts on its hourly chart. The mid and long-term scales bring 4 green models each, but, in contrast, the interbank is neutral at less than 12% long.
All three time ranges bring different results for the Cable, which sees 4 neutral models in the short-term. The mid-term is mostly bearish, and the long-term is overwhelmingly bullish. Neutral at less than 3% short, the interbank matches the 1-hour studies.
7 studies point North on Dollar/Yen’s 1-hour chart. The 4-hour scale is mostly neutral, but the daily outlook turns red with 5 signals, and it is supported by the more than 41% short interbank.
Next up is the Pound/Yen with 5 bullish signals on both its short and mid-term charts. The 24-hour scale brings 5 neutral models, in line with the less than 14% short interbank.
And Euro/Dollar is overwhelmingly bullish in the short and mid-term. The long-term sees 5 neutral signals, but, in a notable contrast, the interbank is strongly bearish at more than 42% short.
I’m Celeste Skinner and these were the Primary Daily Trading Signals for Wednesday. Stay tuned as we provide you with the latest data throughout the day.
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