You’re watching another edition of the Primary Daily Trading Signals. I’m Sinead MacLaughlin and here’s how the interbank sentiment lines up with the interbank sentiment at 8 AM GMT. Euro/Dollar is mostly neutral on its short and long-term charts, and the mid-term is split between 4 neutral and 4 bullish signals. Neutral at less than 7% short, the interbank stance supports the 1 and 24-hour models. Next up is the Cable with 5 sell prompts on its hourly chart. The mid and long-term scales turn neutral with 6 and 5 studies, respectively. The interbank sentiment is bearish at more than 20% short, matching the short-term indicators. 4 indicators predict no major price changes on Dollar/Yen’s 1-hour chart. The mid-term is divided between neutral and bearish signals, and the daily chart is back to neutral. In contrast, the interbank stance is bullish at more than 20% long. Pound/Yen sees a mix of red and neutral signals in the short-term, but the mid and long-term charts turn overwhelmingly bearish with 7 studies each. The interbank is neutral at less than 1% long and does not confirm the technical studies. And things look similar for the Euro/Yen, which is divided between red and neutral indicators in the short-term. The mid and long-term charts see 5 and 6 bearish signals, respectively. Once again, the interbank is neutral at less than 3% short and does not back up the technical models. That concludes the Main Daily Trading Signals for Wednesday. These stats are updated throughout the day, so stay tuned.
You’re watching another edition of the Primary Daily Trading Signals. I’m Sinead MacLaughlin and here’s how the interbank sentiment lines up with the interbank sentiment at 8 AM GMT.
Euro/Dollar is mostly neutral on its short and long-term charts, and the mid-term is split between 4 neutral and 4 bullish signals. Neutral at less than 7% short, the interbank stance supports the 1 and 24-hour models.
Next up is the Cable with 5 sell prompts on its hourly chart. The mid and long-term scales turn neutral with 6 and 5 studies, respectively. The interbank sentiment is bearish at more than 20% short, matching the short-term indicators.
4 indicators predict no major price changes on Dollar/Yen’s 1-hour chart. The mid-term is divided between neutral and bearish signals, and the daily chart is back to neutral. In contrast, the interbank stance is bullish at more than 20% long.
Pound/Yen sees a mix of red and neutral signals in the short-term, but the mid and long-term charts turn overwhelmingly bearish with 7 studies each. The interbank is neutral at less than 1% long and does not confirm the technical studies.
And things look similar for the Euro/Yen, which is divided between red and neutral indicators in the short-term. The mid and long-term charts see 5 and 6 bearish signals, respectively. Once again, the interbank is neutral at less than 3% short and does not back up the technical models.
That concludes the Main Daily Trading Signals for Wednesday. These stats are updated throughout the day, so stay tuned.
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