It’s time once again for the Main Daily Trading Signals. I’m Sinead MacLaughlin with a closer look at the technical studies and how they compare with the interbank stance at 8 AM GMT. First up is the Euro/Dollar with 4 and 6 neutral signals on its short and mid-term charts, respectively. The daily outlook turns bearish. Neutral at less than 8% short, the interbank stance supports the 1 and 4-hour models. All three time ranges bring different results for the Cable, which is mostly bullish in the short-term. Neutral signals prevail on the mid-term chart, and the long-term scale brings 5 sell prompts, matching the more than 16% short interbank sentiment. Next up is Dollar/Yen with 4 red indicators on its hourly chart. The 4-hour scale is mostly neutral, and the 24-hour chart turns green. Neutral at less than 13% long, the interbank sentiment confirms the mid-term studies. Pound/Yen is split between red and neutral signals in the short-term, and the mid-term brings 4 neutral indicators. The daily chart is overwhelmingly bullish. The interbank stance is neutral at less than 3% long, in line with the mid-term studies. And last up is the Euro/Yen with 5 neutral studies on both its 1 and 4-hour charts. The 24-hour scale brings 7 buy prompts. Neutral at less than 13% long, the interbank sentiment backs up the short and mid-term indicators. That concludes Thursday’s Primary Daily Trading Signals. Check back throughout the day for the latest updates.
It’s time once again for the Main Daily Trading Signals. I’m Sinead MacLaughlin with a closer look at the technical studies and how they compare with the interbank stance at 8 AM GMT.
First up is the Euro/Dollar with 4 and 6 neutral signals on its short and mid-term charts, respectively. The daily outlook turns bearish. Neutral at less than 8% short, the interbank stance supports the 1 and 4-hour models.
All three time ranges bring different results for the Cable, which is mostly bullish in the short-term. Neutral signals prevail on the mid-term chart, and the long-term scale brings 5 sell prompts, matching the more than 16% short interbank sentiment.
Next up is Dollar/Yen with 4 red indicators on its hourly chart. The 4-hour scale is mostly neutral, and the 24-hour chart turns green. Neutral at less than 13% long, the interbank sentiment confirms the mid-term studies.
Pound/Yen is split between red and neutral signals in the short-term, and the mid-term brings 4 neutral indicators. The daily chart is overwhelmingly bullish. The interbank stance is neutral at less than 3% long, in line with the mid-term studies.
And last up is the Euro/Yen with 5 neutral studies on both its 1 and 4-hour charts. The 24-hour scale brings 7 buy prompts. Neutral at less than 13% long, the interbank sentiment backs up the short and mid-term indicators.
That concludes Thursday’s Primary Daily Trading Signals. Check back throughout the day for the latest updates.
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