These are the Main Daily Trading Signals for Wednesday. Here’s how the technicals compare with the interbank at 8 AM GMT. Euro/Dollar sees consistent results across the table, as it has 6 sell prompts on its 1, 4 and 24-hour charts, but the technicals are not quite in line with the interbank, which is neutral at less than 13% short. The Cable is mostly neutral in the short-term. The mid-term brings 4 bullish signals, and the long-term scale is back to neutral with 5 studies. In contrast, the interbank is bearish at more than 15% short. Neutral signals prevail across the chart for the Dollar/Yen, with 4 in the short-term, 6 in the mid-term and 5 in the long-term, and the technicals indeed are supported by the interbank, which is neutral at less than 4% short. Pound/Yen also has neutral models prevailing in all three time ranges, as it sees 4 neutral signals in the short-term, 5 in the mid-term and 6 in the long-term. The interbank is neutral as well at less than 4% short, backing up the technicals. And Euro/Yen has bearish signals dominating across the table, with 7 on both its 1 and 4-hour charts and 4 on its 24-hour scale, but the technicals are not supported by the interbank, which is neutral at less than 7% long. I’m Jessica Walker and these were the Primary Daily Trading Signals for Wednesday. Check back in throughout the day for the latest updates.
These are the Main Daily Trading Signals for Wednesday. Here’s how the technicals compare with the interbank at 8 AM GMT.
Euro/Dollar sees consistent results across the table, as it has 6 sell prompts on its 1, 4 and 24-hour charts, but the technicals are not quite in line with the interbank, which is neutral at less than 13% short.
The Cable is mostly neutral in the short-term. The mid-term brings 4 bullish signals, and the long-term scale is back to neutral with 5 studies. In contrast, the interbank is bearish at more than 15% short.
Neutral signals prevail across the chart for the Dollar/Yen, with 4 in the short-term, 6 in the mid-term and 5 in the long-term, and the technicals indeed are supported by the interbank, which is neutral at less than 4% short.
Pound/Yen also has neutral models prevailing in all three time ranges, as it sees 4 neutral signals in the short-term, 5 in the mid-term and 6 in the long-term. The interbank is neutral as well at less than 4% short, backing up the technicals.
And Euro/Yen has bearish signals dominating across the table, with 7 on both its 1 and 4-hour charts and 4 on its 24-hour scale, but the technicals are not supported by the interbank, which is neutral at less than 7% long.
I’m Jessica Walker and these were the Primary Daily Trading Signals for Wednesday. Check back in throughout the day for the latest updates.
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