It’s 8 AM GMT, so it’s time for the Main Daily Trading Signals. First up is the Euro/Dollar, which has neutral indicators prevailing in all three time ranges, with 6 in the short-term and 4 in both the mid and long-term. The interbank is neutral as well at less than 2% long, matching the technical studies. Pound/Dollar sees 6 and 5 neutral indicators on its 1 and 4-hour charts, respectively, and 5 buy prompts on its 24-hour scale. Neutral at less than 14% short, the interbank supports the short and mid-term models. Dollar/Yen’s hourly chart is divided between bearish and neutral signals, and the mid-term chart turns red with 5 models. The daily outlook is mostly neutral. Bearish at more than 49% short, the interbank confirms the 4-hour models. Next up is the Pound/Yen with 5 sell prompts on both its 1 and 4-hour scales. The 24-hour chart brings 5 neutral indicators, and it is backed up by the less than 6% long interbank. And bearish signals prevail on Euro/Yen’s short and mid-term charts. The daily scale turns neutral with 6 studies, and it is in line with the less than 11% short interbank stance. I’m Sam Meredith and these were the Primary Daily Trading Signals for Wednesday. These data are updated throughout the day, so check back.
It’s 8 AM GMT, so it’s time for the Main Daily Trading Signals.
First up is the Euro/Dollar, which has neutral indicators prevailing in all three time ranges, with 6 in the short-term and 4 in both the mid and long-term. The interbank is neutral as well at less than 2% long, matching the technical studies.
Pound/Dollar sees 6 and 5 neutral indicators on its 1 and 4-hour charts, respectively, and 5 buy prompts on its 24-hour scale. Neutral at less than 14% short, the interbank supports the short and mid-term models.
Dollar/Yen’s hourly chart is divided between bearish and neutral signals, and the mid-term chart turns red with 5 models. The daily outlook is mostly neutral. Bearish at more than 49% short, the interbank confirms the 4-hour models.
Next up is the Pound/Yen with 5 sell prompts on both its 1 and 4-hour scales. The 24-hour chart brings 5 neutral indicators, and it is backed up by the less than 6% long interbank.
And bearish signals prevail on Euro/Yen’s short and mid-term charts. The daily scale turns neutral with 6 studies, and it is in line with the less than 11% short interbank stance.
I’m Sam Meredith and these were the Primary Daily Trading Signals for Wednesday. These data are updated throughout the day, so check back.
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