It’s time for another edition of the Main Daily Trading Signals. I’m Ben Jones and here’s a closer look at how the technical studies compare with the interbank stance at 8 AM GMT. Euro/Dollar is overwhelmingly bullish on its 1 and 4-hour charts. The 24-hour scale turns neutral with 6 studies, and it is in line with the less than 4% short interbank. Things look similar for the Cable, which also sees green signals prevailing on its short and mid-term charts. The daily outlook brings 5 neutral prompts, matching the less than 7% short interbank stance. Next up is the Dollar/Yen with 6 and 7 sell prompts on its short and mid-term scales, respectively. The long-term chart is mostly neutral. In contrast, the interbank sentiment is bearish at more than 20% long. 4 studies point South on Pound/Yen’s hourly chart. The mid-term brings 5 neutral signals, and the daily chart is back to bearish. Neutral at less than 9% short, the interbank backs up the 4-hour studies. And Euro/Yen sees neutral signals prevailing across the table, with 5 in the short-term, 4 in the mid-term and 6 in the long term. The interbank is neutral as well at less than 5% short, and it supports the technical indicators. You’ve been watching the Primary Daily Trading Signals for Thursday. Check back in throughout the day for the latest updates.
It’s time for another edition of the Main Daily Trading Signals. I’m Ben Jones and here’s a closer look at how the technical studies compare with the interbank stance at 8 AM GMT.
Euro/Dollar is overwhelmingly bullish on its 1 and 4-hour charts. The 24-hour scale turns neutral with 6 studies, and it is in line with the less than 4% short interbank.
Things look similar for the Cable, which also sees green signals prevailing on its short and mid-term charts. The daily outlook brings 5 neutral prompts, matching the less than 7% short interbank stance.
Next up is the Dollar/Yen with 6 and 7 sell prompts on its short and mid-term scales, respectively. The long-term chart is mostly neutral. In contrast, the interbank sentiment is bearish at more than 20% long.
4 studies point South on Pound/Yen’s hourly chart. The mid-term brings 5 neutral signals, and the daily chart is back to bearish. Neutral at less than 9% short, the interbank backs up the 4-hour studies.
And Euro/Yen sees neutral signals prevailing across the table, with 5 in the short-term, 4 in the mid-term and 6 in the long term. The interbank is neutral as well at less than 5% short, and it supports the technical indicators.
You’ve been watching the Primary Daily Trading Signals for Thursday. Check back in throughout the day for the latest updates.
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