It’s time for Friday’s Main Daily Trading Signals. I’m Jessica Walker and here’s how the technical models line up with the interbank sentiment at 8 AM GMT. There’s red across the table for the Euro/Dollar, which sees 5 sell prompts on its short and long-term charts and 6 in the mid-term, but the technical studies are not supported by the less than 10% short interbank. Bearish signals prevail in all three time ranges for the Cable, with 5 in the short-term, 6 in the mid-term and 4 in the long-term, but the interbank is neutral at less than 11% long and does not confirm the technical studies. Dollar/Yen is mostly neutral on its hourly chart, and the 4-hour scale is split between green and neutral models. The 24-hour chart is mostly bullish. In contrast, the interbank sentiment is strongly bearish as short positions are up by more than 56%. Next up is the Pound/Yen with 6 sell prompts on both its short and mid-term charts. The daily outlook turns neutral with 5 studies, and it is in line with the less than 11% long interbank sentiment. And 6 studies point South on Euro/Yen’s 1 and 4-hour charts. The long-term scale sees 5 sell prompts. The interbank is neutral at less than 7% short and does not back up the technical models. That’s all for Friday’s Primary Daily Trading Signals. Stay tuned for the hourly updates.
It’s time for Friday’s Main Daily Trading Signals. I’m Jessica Walker and here’s how the technical models line up with the interbank sentiment at 8 AM GMT.
There’s red across the table for the Euro/Dollar, which sees 5 sell prompts on its short and long-term charts and 6 in the mid-term, but the technical studies are not supported by the less than 10% short interbank.
Bearish signals prevail in all three time ranges for the Cable, with 5 in the short-term, 6 in the mid-term and 4 in the long-term, but the interbank is neutral at less than 11% long and does not confirm the technical studies.
Dollar/Yen is mostly neutral on its hourly chart, and the 4-hour scale is split between green and neutral models. The 24-hour chart is mostly bullish. In contrast, the interbank sentiment is strongly bearish as short positions are up by more than 56%.
Next up is the Pound/Yen with 6 sell prompts on both its short and mid-term charts. The daily outlook turns neutral with 5 studies, and it is in line with the less than 11% long interbank sentiment.
And 6 studies point South on Euro/Yen’s 1 and 4-hour charts. The long-term scale sees 5 sell prompts. The interbank is neutral at less than 7% short and does not back up the technical models.
That’s all for Friday’s Primary Daily Trading Signals. Stay tuned for the hourly updates.
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