03.01.2017 – Trading Signals by Dukascopy
January 3, 2017 8:57 amVideo
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It’s time for Tuesday’s Main Daily Trading Signals. Let’s take a closer look at the technicals and how they compare with the interbank at 8 AM GMT.
Euro/Dollar sees 5 neutral indicators in the short-term. The mid-term turns bearish with 4 studies, and the long-term is back to neutral. The interbank is neutral as well at less than 13% short, and it matches the 1 and 24-hour models.
Next up is the Cable with 5 neutral models on its 1-hour chart. The 4 and 24-hour scales are divided between red and neutral signals, but, in contrast, the interbank is strongly bearish at more than 28% short.
Bullish signals prevail on Dollar/Yen’s short and mid-term scales, and the daily outlook sees a mix of green and neutral studies, but the techicals are not confirmed by the interbank, which is neutral at less than 4% long.
7 studies point North on Pound/Yen’s 1 and 4-hour charts, and the 24-hour scale turns neutral with 5 models, matching the less than 7% long interbank sentiment.
And there’s green across the table for the Euro/Yen, which sees 7 buy prompts in the short-term, 4 in the mid-term and 5 in the long-term, but the technicals are not backed up by the interbank, which is neutral at less than 5% short.
I’m Jack Everitt and you’ve been watching the Primary Daily Trading Signals for Tuesday. Check back in throughout the day for the hourly updates.
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