It’s time for Friday’s Primary Daily Trading Signals. I’m Sam Meredith with a closer look at the technical studies and how they compare with the interbank stance at 8 AM GMT. Euro/Dollar is overwhelmingly bullish on its 1 and 24-hour charts, and the mid-term brings a mix of red and neutral studies, but the techical studies are not supported by the less than 9% long interbank sentiment. 5 studies point South on Pound/Dollar’s hourly chart, and the mid and long-term scales turn neutral with 5 studies each. Bearish at more than 19% short, the interbank confirms the short-term models. There’s green across the table for the Dollar/Yen, which sees 6 buy prompts in the short-term, 7 in the mid-term and 4 in the long-term. In contrast, the interbank is neutral at less than 15% short. All three time ranges bring different results for the Pound/Yen, which is mostly bearish in the short-term, neutral in the mid-term and bullish in the long-term. Neutral at less than 1% short, the interbank backs up the mid-term models. And Euro/Yen has bullish signals dominating in all three time ranges, with 8 in the short-term, 5 in the mid-term and 4 in the long-term, but the technical studies do not match the less than 7% long interbank sentiment. You’ve been watching the Main Daily Trading Signals for Friday, but we’ll be updating these stats throughout the day, so check back.
It’s time for Friday’s Primary Daily Trading Signals. I’m Sam Meredith with a closer look at the technical studies and how they compare with the interbank stance at 8 AM GMT.
Euro/Dollar is overwhelmingly bullish on its 1 and 24-hour charts, and the mid-term brings a mix of red and neutral studies, but the techical studies are not supported by the less than 9% long interbank sentiment.
5 studies point South on Pound/Dollar’s hourly chart, and the mid and long-term scales turn neutral with 5 studies each. Bearish at more than 19% short, the interbank confirms the short-term models.
There’s green across the table for the Dollar/Yen, which sees 6 buy prompts in the short-term, 7 in the mid-term and 4 in the long-term. In contrast, the interbank is neutral at less than 15% short.
All three time ranges bring different results for the Pound/Yen, which is mostly bearish in the short-term, neutral in the mid-term and bullish in the long-term. Neutral at less than 1% short, the interbank backs up the mid-term models.
And Euro/Yen has bullish signals dominating in all three time ranges, with 8 in the short-term, 5 in the mid-term and 4 in the long-term, but the technical studies do not match the less than 7% long interbank sentiment.
You’ve been watching the Main Daily Trading Signals for Friday, but we’ll be updating these stats throughout the day, so check back.
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