10.03.2016 – Trading Signals by Dukascopy
March 10, 2016 8:54 amVideo
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You’re watching the Main Daily Trading Signals for Thursday. Here’s how the technical studies compare with the interbank stance at 8 AM GMT.
First up is the Euro/Dollar with 5 sell prompts on both its 1 and 4-hour charts. The 24-hour scale turns neutral with 6 models, and it is in line with the less than 2% long interbank stance.
Pound/Dollar short and mid-term charts are divided between red and neutral signals, whereas the long-term scale is mostly neutral. In contrast, the interbank is bearish at more than 22% short.
Next up is the Dollar/Yen with 6 neutral indicators on its short-term chart. The mid-term is mostly bullish, and the long-term scale is back to neutral. As to the interbank, it is strongly bearish at more than 57% short, and it does not match the technical models.
Pound/Yen sees 6 neutral models on its hourly chart, and the mid-term is mostly bullish. The daily outlook is split between green and neutral models. Neutral at less than 2% long, the interbank backs up the 1-hour models.
And Euro/Yen is mostly neutral in the short-term. Mid-term brings a mix of green and neutral indicators, and the long-term chart is back to neutral. The interbank is bearish at 40% short, and it does not support the technical studies.
You’ve been watching the Primary Daily Trading Signals for Thursday with me, Sam Meredith. Check back in throughout the day for the latest updates.
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