Find out how the interbank compares with the technicals at 8 AM GMT. These are the Main Daily Trading Signals. Euro/Dollar sees 6 and 5 neutral signals on its 1 and 4-hour charts, respectively. The daily outlook is split between red and neutral models, but the interbank is neutral at less than 2% short, and it supports the short and mid-term studies. The Cable has neutral models prevailing in the short-term. The mid and long-term scales turn bearish with 5 and 6 studies, respectively, and they are in line with the more than 15% short interbank. Next up is the Dollar/Yen with 6 bearish signals on both its short and mid-term charts and 6 buy prompts on its long-term scale. Bullish at more than 24% long, the interbank confirms the 24-hour studies. There’s red across the table for the Pound/Yen, which sees 5 sell prompts in both the short and long-term and 6 bearish models in the mid-term, but, in contrast, the interbank is neutral at less than 11% long. And 5 studies point South on Euro/Yen’s hourly chart. The mid-term is split between red and neutral models, and the daily chart turns neutral with 5 studies, matching the less than 12% long interbank. I’m Jack Everitt and these were the Primary Daily Trading Signals for Wednesday. Stay with us to track the latest developments in the forex markets.
Find out how the interbank compares with the technicals at 8 AM GMT. These are the Main Daily Trading Signals.
Euro/Dollar sees 6 and 5 neutral signals on its 1 and 4-hour charts, respectively. The daily outlook is split between red and neutral models, but the interbank is neutral at less than 2% short, and it supports the short and mid-term studies.
The Cable has neutral models prevailing in the short-term. The mid and long-term scales turn bearish with 5 and 6 studies, respectively, and they are in line with the more than 15% short interbank.
Next up is the Dollar/Yen with 6 bearish signals on both its short and mid-term charts and 6 buy prompts on its long-term scale. Bullish at more than 24% long, the interbank confirms the 24-hour studies.
There’s red across the table for the Pound/Yen, which sees 5 sell prompts in both the short and long-term and 6 bearish models in the mid-term, but, in contrast, the interbank is neutral at less than 11% long.
And 5 studies point South on Euro/Yen’s hourly chart. The mid-term is split between red and neutral models, and the daily chart turns neutral with 5 studies, matching the less than 12% long interbank.
I’m Jack Everitt and these were the Primary Daily Trading Signals for Wednesday. Stay with us to track the latest developments in the forex markets.
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