08.05.2017 – Trading Signals by Dukascopy
May 8, 2017 8:50 amVideo
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You’re watching the Main Daily Trading Signals for Monday. Here’s how the interbank compares with the technicals at 8 AM GMT.
All three time ranges bring different results for the Euro/Dollar, which is mostly bearish in the short-term and neutral in the mid-term. The daily outlook turns green with 6 studies, and it matches the more than 24% long interbank.
Bullish signals prevail across the chart for the Cable, with 4 buy prompts in the short-term, 6 in the mid-term and 5 in the long-term, but the technicals are not supported by the interbank, which is neutral at less than 1% long.
Dollar/Yen sees 5 and 6 neutral signals on its 1 and 4-hour charts, respectively. The 24-hour chart brings 6 bullish models, and it is in line with the more than 20% long interbank sentiment.
5 studies predict no major price changes on Pound/Yen’s hourly chart. The mid and long-term scales turn bullish with 5 studies each, but the interbank is neutral at less than 5% long, matching the 1-hour models.
And Euro/Yen sees 5 bearish signals in the short-term. The mid-term turns neutral with 6 models, whereas the daily outlook brings 5 buy prompts, and it’s backed up by the more than 18% long interbank.
I’m Celeste Skinner and these were the Primary Daily Trading Signals for Monday. Stay tuned for the hourly updates.
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