08.12.2014 – Trading Signals by Dukascopy
December 8, 2014 9:02 amVideo
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Hello, I’m Doireann McDermott with the Main Daily Trading Signals for Monday. Let’s take a closer look at the technical studies and how they compare with the interbank sentiment at 8 AM GMT.
Euro/Dollar sees 4 and 6 sell prompts on its short and mid-term charts, respectively, and the long-term is divided between red and neutral indicators. In contrast, the interbank stance is neutral at less than 9% short.
Next up is the Cable with 6 bearish indicators on its short, mid and long-term charts, but the technical studies are not supported by the interbank sentiment, which is neutral at less than 11% short.
Dollar/Yen has neutral signals prevailing on its 1 and 4-hour charts, and the daily outlook is overwhelmingly bullish. The interbank is neutral at less than 2% long, in line with the short and mid-term studies.
6 studies point South on Pound/Yen’s hourly chart. Mid-term brings 6 neutral studies, and the 24-hour scale is mostly bullish. Neutral at less than 2% long, the interbank sentiment matches the 4-hour models.
And last up is the Euro/Yen with 5 sell prompts in the short-term. The 4-hour scale is mostly neutral, and the long-term chart is strongly bullish. The interbank is neutral at less than 13% long, and it confirms the mid-term studies.
That’s all for Monday’s Primary Daily Trading Signals, but stay with us as we provide you with the latest updates throughout the day.
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