These are the Main Daily Trading Signals for Thursday. Here’s how the technicals compare with interbank at 8 M GMT. Euro/Dollar’s short and long-term charts are both divided between red and neutral signals, whereas the mid-term scale sees 6 sell prompts, but the interbank is neutral at less than 15% long, and it does not support the technicals. Neutral models prevail across the chart for the Cable, which sees 4 neutral models in both the short and mid-term and 6 neutral indicators in the long-term, and they indeed are in line with the less than 2% short interbank. Dollar/Yen sees 4 buy prompts on its hourly chart. The mid and long-term scales turn neutral with 5 and 6 studies, respectively, but the interbank is bullish at more than 19% long, and it confirms the 1-hour models. 4 studies point North on Pound/Yen’s short-term chart. The 4 and 24-hour charts both see 6 neutral models, and they are backed up by the interbank, which is also neutral at less than 11% long. And Euro/Yen sees 6 bullish signals on its hourly chart. Neutral models prevail on the mid and long-term scales, but the interbank is bullish at more than 27% long, matching the short-term models. I’m Jessica Walker and these were the Primary Daily Trading Signals. Stay tuned for the hourly updates.
These are the Main Daily Trading Signals for Thursday. Here’s how the technicals compare with interbank at 8 M GMT.
Euro/Dollar’s short and long-term charts are both divided between red and neutral signals, whereas the mid-term scale sees 6 sell prompts, but the interbank is neutral at less than 15% long, and it does not support the technicals.
Neutral models prevail across the chart for the Cable, which sees 4 neutral models in both the short and mid-term and 6 neutral indicators in the long-term, and they indeed are in line with the less than 2% short interbank.
Dollar/Yen sees 4 buy prompts on its hourly chart. The mid and long-term scales turn neutral with 5 and 6 studies, respectively, but the interbank is bullish at more than 19% long, and it confirms the 1-hour models.
4 studies point North on Pound/Yen’s short-term chart. The 4 and 24-hour charts both see 6 neutral models, and they are backed up by the interbank, which is also neutral at less than 11% long.
And Euro/Yen sees 6 bullish signals on its hourly chart. Neutral models prevail on the mid and long-term scales, but the interbank is bullish at more than 27% long, matching the short-term models.
I’m Jessica Walker and these were the Primary Daily Trading Signals. Stay tuned for the hourly updates.
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