01.07.2016 – Trading Signals by Dukascopy
July 1, 2016 8:47 amVideo
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You’re watching the Primary Daily Trading Signals for Friday.
First up is the Euro/Dollar with 5 neutral indicators on both its short and mid-term charts. The daily outlook is mostly bearish, but the interbank is neutral at 5% long, and it matches the 1 and 4-hour models.
Pound/Dollar sees a mix of red and neutral signals in the short-term. The mid and long-term scales turn bearish with 5 and 4 studies, respectively, and they are in line with the more than 23% short interbank.
6 studies point South on Dollar/Yen’s hourly chart, and the 4 and 24-hour scales see 5 neutral indicators each. The interbank is bearish at more than 21% short, and it confirms the 1-hour models.
There’s red across the table for the Pound/Yen, which sees 6 sell prompts in the short-term and 5 in both the mid and long-term, but, in contrast, the interbank is neutral at less than 3% short.
And last up is the Euro/Yen with 5 bearish models in the short-term, 5 neutral indicators in the mid-term and a mix of sell and neutral prompts in the long-term. Bearish at more than 27% short, the interbank supports the 1-hour studies.
I’m Celeste Skinner and these were the Main Daily Trading Signals for Friday. Stay tuned for the hourly updates.
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