Hello, I’m Doireann McDermott with another edition of the Primary Daily Trading Signals. Let’s see how the technical indicators compare with the interbank stance at 8 AM GMT this Wednesday. There’s red across the table for the Euro/Dollar, which sees 5 sell prompts in the short-term and 6 on both the mid and long-term charts, but the technical studies are not backed up by the interbank, which is neutral at less than 15% short. Next up is the Cable with 5 neutral signals on its hourly chart. The mid and long-term scales turn red with 4 and 6 studies, respectively, and they are in line with the more than 17% short interbank sentiment. 6 studies point North on Dollar/Yen’s 1-hour scale, and the 4-hour chart is mostly neutral. The 24-hour scale is overwhelmingly bullish with 7 indicators. The interbank is strongly bullish at more than 40% long, matching the short and long-term studies. Pound/Yen is mostly bullish in the short and mid-term, with 6 and 5 buy prompts, respectively. The long-term scale turns neutral with 4 studies, and it is supported by the less than 9% long interbank stance. And last up is the Euro/Yen with 4 neutral signals on its short-term chart. The mid and long-term scales see 5 sell prompts each. The interbank is neutral at less than 7% short, and it confirms the 1-hour studies. That concludes the Main Daily Trading Signals for Wednesday, but these stats are updated on an hourly basis, so stay tuned.
Hello, I’m Doireann McDermott with another edition of the Primary Daily Trading Signals. Let’s see how the technical indicators compare with the interbank stance at 8 AM GMT this Wednesday.
There’s red across the table for the Euro/Dollar, which sees 5 sell prompts in the short-term and 6 on both the mid and long-term charts, but the technical studies are not backed up by the interbank, which is neutral at less than 15% short.
Next up is the Cable with 5 neutral signals on its hourly chart. The mid and long-term scales turn red with 4 and 6 studies, respectively, and they are in line with the more than 17% short interbank sentiment.
6 studies point North on Dollar/Yen’s 1-hour scale, and the 4-hour chart is mostly neutral. The 24-hour scale is overwhelmingly bullish with 7 indicators. The interbank is strongly bullish at more than 40% long, matching the short and long-term studies.
Pound/Yen is mostly bullish in the short and mid-term, with 6 and 5 buy prompts, respectively. The long-term scale turns neutral with 4 studies, and it is supported by the less than 9% long interbank stance.
And last up is the Euro/Yen with 4 neutral signals on its short-term chart. The mid and long-term scales see 5 sell prompts each. The interbank is neutral at less than 7% short, and it confirms the 1-hour studies.
That concludes the Main Daily Trading Signals for Wednesday, but these stats are updated on an hourly basis, so stay tuned.
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