06.12.2016 – Trading Signals by Dukascopy
December 6, 2016 8:41 amVideo
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These are the Main Daily Trading Signals for Tuesday. Here’s how the interbank compares with the technicals at 8 AM GMT.
4 studies point South on Euro/Dollar’s hourly chart, and the mid and long-term scales turn bullish with 4 and 5 studies, respectively, but, in contrast, the interbank is neutral at less than 4% short.
There’s green across the table for the Pound/Dollar, which sees 5 buy prompts in the short-term, 7 in the mid-term and 6 in the long-term, but the technicals are not supported by the interbank, which is neutral at less than 14% short.
Neutral models prevail on Dollar/Yen’s 1 and 4-hour charts. The 24-hour scale turns bullish with 5 studies, and it is confirmed by the more than 22% long interbank stance.
Pound/Yen sees a mix of green and neutral signals on its hourly chart. Bullish signals prevail on the mid and long-term scales, but the interbank is neutral at less than 6% long and does not match the technicals.
And Euro/Yen sees 4 neutral models in the short-term. The mid and long-term charts bring 5 and 6 buy prompts, respectively, and they are in line with the more than 17% long interbank sentiment.
I’m ____ and you’ve been watching the Primary Daily Trading Signals for Tuesday. Stay tuned for the hourly updates.
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