03.05.2017 – Trading Signals by Dukascopy
May 3, 2017 9:04 amVideo
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These are the main Daily Trading Signals with a closer look at how the technical studies line up with the interbank stance at 8 AM GMT.
Euro/Dollar has 4 sell signals in the hourly scale, 5 neutrals in the mid term and most of the indicators are green in the long term, which is in line with the close to 21% long interbank.
Pound/Dollar’s 1 and 4 hour charts both bring 5 neutral signals, but outlook shifts to bullish in the daily picture. The only 3% long interbank is neutral, just like the 1 and 4 hour studies.
There’s green across all three time scales for the Dollar/Yen, but interbank sentiment is neutral at only 7% long.
Pound/Yen has 5 neutrals in the short term, but most of the technicals are bullish in the mid and long terms. The less than 1% short interbank is neutral, just like the hourly studies.
There are 5 neutrals in the Euro/Yen’s hourly chart. Mid and long term indicators bring 5 and 7 buy signals respectively. The only 4% long interbank is neutral, matching the short term models.
I’m Celeste Skinner and you’ve been watching the Primary Daily Trading Signals for Wednesday. Check back in throughout the day for the hourly updates.
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