10.02.2016 – Trading Signals by Dukascopy
February 10, 2016 9:24 amVideo
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Find out how the technical studies compare with the interbank sentiment at 8 AM GMT. These are the Main Daily Trading Signals.
Euro/Dollar has bearish indicators prevailing on its hourly chart, and the 4-hour scale is mostly neutral, but the 24-hour chart turns green with 6 studies, and it is in line with the more than 23% long interbank stance.
Pound/Dollar is mostly neutral in all three time ranges, with 5 signals on both its short and long-term charts and 6 models in the mid-term, and the technical studies are backed up by the less than 14% short interbank stance.
Next up is the Dollar/Yen with 6 neutral models on its short-term chart. The mid-term is split between neutral and red indicators, and the daily outlook is overwhelmingly bearish. Neutral at less than 8% short, the interbank confirms the 1-hour studies.
5 studies predict no major price changes on Pound/Yen’s hourly chart, whereas the mid and long-term scales are mostly bearish. Neutral at less than 3% short, the interbank supports the 1-hour models.
And Euro/Yen sees neutral indicators prevailing across all three time ranges, with 6 in both the short and mid-term and 5 in the long-term. The interbank is neutral as well at less than 14% short, and it matches the technical studies.
I’m Sam Meredith and these were the Primary Daily Trading Signals for Wednesday. Stay tuned for the latest updates thoughout the day.
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