It’s time for another edition of the Main Daily Trading Signals. Here’s how the technical studies compare with the interbank stance at 8am GMT. Euro/Dollar’s short and mid term charts both have 6 neutral prompts. It’s a mixed picture for the 24 hour chart, with 4 green and 4 neutral indicators. The interbank is Bullish at more than 21% long. The Cable’s indicators are mostly bullish in the short term with 6 buy prompts. The signals change for the mid term with 6 neutral prompts, and the long term is bearish with 5 red indicators. The interbank is Bearish at almost 36% short, which lines up with the 24 hour technicals. The short term studies for Dollar/Yen are mostly Bullish, with 5 buy prompts. The signals change for the mid term with 4 neutral indicators, and the 24 hour chart is Bearish with 6 sell prompts. The interbank is strongly Bearish at more than 63% short, confirming the long term studies. Pound/Yen is next, and the short term signals are overwhelmingly Bullish with 7 green prompts. In the mid term the signals change with 4 neutrals, and the long term signals turn bearish with 6 sell prompts. Bearish at more than 16% short, the interbank stance confirms the daily outlook. And lastly the Euro/Yen’s models in the short term are strongly Bullish with 6 buy prompts. The 4 hour chart has 5 neutral indicators, with signals turning Bearish in the long term as 7 models point South. The interbank is neural at only 10% long, supporting the mid term models. And that concludes Friday’s Daily Trading Signals. Check back in throughout the day for the latest updates.
It’s time for another edition of the Main Daily Trading Signals. Here’s how the technical studies compare with the interbank stance at 8am GMT.
Euro/Dollar’s short and mid term charts both have 6 neutral prompts. It’s a mixed picture for the 24 hour chart, with 4 green and 4 neutral indicators. The interbank is Bullish at more than 21% long.
The Cable’s indicators are mostly bullish in the short term with 6 buy prompts. The signals change for the mid term with 6 neutral prompts, and the long term is bearish with 5 red indicators. The interbank is Bearish at almost 36% short, which lines up with the 24 hour technicals.
The short term studies for Dollar/Yen are mostly Bullish, with 5 buy prompts. The signals change for the mid term with 4 neutral indicators, and the 24 hour chart is Bearish with 6 sell prompts. The interbank is strongly Bearish at more than 63% short, confirming the long term studies.
Pound/Yen is next, and the short term signals are overwhelmingly Bullish with 7 green prompts. In the mid term the signals change with 4 neutrals, and the long term signals turn bearish with 6 sell prompts. Bearish at more than 16% short, the interbank stance confirms the daily outlook.
And lastly the Euro/Yen’s models in the short term are strongly Bullish with 6 buy prompts. The 4 hour chart has 5 neutral indicators, with signals turning Bearish in the long term as 7 models point South. The interbank is neural at only 10% long, supporting the mid term models.
And that concludes Friday’s Daily Trading Signals. Check back in throughout the day for the latest updates.
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