Hello, I’m Sinead MacLaughlin with Wednesday’s Main Daily Trading Signals. Let’s take a closer look at the technical studies and how they compare with the interbank sentiment at 8 AM GMT. Euro/Dollar is mostly bearish in the short-term, but the mid and long-term charts turn neutral with 5 and 4 studies, respectively, and they are in line with the less than 3% long interbank stance. Pound/Dollar is overwhelmingly bullish on its 1 and 4-hour scales, and the 24-hour chart brings 6 neutral indicators, but the interbank is bearish at more than 25% short and does not support the technical studies. Next up is the Dollar/Yen with 4 neutral indicators on its hourly chart and 4 sell prompts on its mid-term scale. The daily outlook is back to neutral, whereas the interbank is strongly bearish at 62% short, and it matches the 4-hour models. Pound/Yen sees a mix of green and neutral models in the short-term. Bullish models prevail on the mid-term chart, and the long-term is mostly neutral but, in contrast, the interbank is bearish at more than 50% short. And bearish indicators prevail on Euro/Yen’s hourly chart. The mid-term brings 6 neutral models, and the daily chart turns green with 5 studies. Neutral at less than 2% short, the interbank supports the 4-hour models. You’ve been watching the Primary Daily Trading Signals for Wednesday. Stay tuned for the hourly updates.
Hello, I’m Sinead MacLaughlin with Wednesday’s Main Daily Trading Signals. Let’s take a closer look at the technical studies and how they compare with the interbank sentiment at 8 AM GMT.
Euro/Dollar is mostly bearish in the short-term, but the mid and long-term charts turn neutral with 5 and 4 studies, respectively, and they are in line with the less than 3% long interbank stance.
Pound/Dollar is overwhelmingly bullish on its 1 and 4-hour scales, and the 24-hour chart brings 6 neutral indicators, but the interbank is bearish at more than 25% short and does not support the technical studies.
Next up is the Dollar/Yen with 4 neutral indicators on its hourly chart and 4 sell prompts on its mid-term scale. The daily outlook is back to neutral, whereas the interbank is strongly bearish at 62% short, and it matches the 4-hour models.
Pound/Yen sees a mix of green and neutral models in the short-term. Bullish models prevail on the mid-term chart, and the long-term is mostly neutral but, in contrast, the interbank is bearish at more than 50% short.
And bearish indicators prevail on Euro/Yen’s hourly chart. The mid-term brings 6 neutral models, and the daily chart turns green with 5 studies. Neutral at less than 2% short, the interbank supports the 4-hour models.
You’ve been watching the Primary Daily Trading Signals for Wednesday. Stay tuned for the hourly updates.
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