Dukascopy Daily Trading Signals report provides you with an overview of the 8 major technical indicators in three different time scales and how they compare with the interbank sentiment.
Most of the studies are neutral for the Euro/Dollar in both the 1 and 4-hour time scales. Daily range brings 4 green indicators, which are backed up by the close to 20% long interbank.
Pound/Dollar has an equal number of 5 neutrals in both the short and long terms. There are 4 green indicators in the 4-hour scale. Interbank sentiment is neutral at less than 8% short.
Dollar/Yen’s short term is mostly red, but both the mid and long terms shift towards neutral outlook. Interbank stance is bearish, just like the hourly indicators.
Pound/Yen’s short term models show mixed results. Mid and long terms bring 4 and 5 neutrals respectively, but the 22% short interbank is bearish.
Neutral indicators are in the lead of all three time scales for the Euro/yen and it’s in line with the only 5% short interbank stance.
I’m Kiays Khalil and these were the Dukascopy Daily Trading Signals for Thursday. Bye for now.

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