It’s time for Friday’s Main Daily Trading Signals. I’m Louise McCauley with a closer look at the technical models and how they line up with the interbank sentiment at 8 AM GMT. Euro/Dollar’s hourly chart is split between green and neutral signals, and the mid-term is mostly bullish. The daily outlook brings 6 neutral indicators, and it matches the less than 2% long interbank stance. The Cable is overwhelmingly bullish in the short-term. The mid-term brings a mix of green and neutral models, and the long-term turns red with 6 studies. In contrast, the interbank is neutral at less than 12% short. Next up is the Dollar/Yen with 7 and 6 buy prompts on its 1 and 4-hour charts, respectively, but the daily chart is mostly bearish, and it is in line with the more than 64% short interbank sentiment. Bullish signals prevail on the Pound/Yen’s short and mid-term charts, and the long-term scale turns red with 6 studies, but the technical studies are not confirmed by the less than 14% long interbank sentiment. And things look similar for the Euro/Yen, which is mostly bullish on its short and mid-term scales and bearish in the long-term. The interbank is neutral at less than 13% long and does not support the technical models. That’s all for Friday’s Primary Daily Trading Signals. Check back throughout the day for the latest updates.
It’s time for Friday’s Main Daily Trading Signals. I’m Louise McCauley with a closer look at the technical models and how they line up with the interbank sentiment at 8 AM GMT.
Euro/Dollar’s hourly chart is split between green and neutral signals, and the mid-term is mostly bullish. The daily outlook brings 6 neutral indicators, and it matches the less than 2% long interbank stance.
The Cable is overwhelmingly bullish in the short-term. The mid-term brings a mix of green and neutral models, and the long-term turns red with 6 studies. In contrast, the interbank is neutral at less than 12% short.
Next up is the Dollar/Yen with 7 and 6 buy prompts on its 1 and 4-hour charts, respectively, but the daily chart is mostly bearish, and it is in line with the more than 64% short interbank sentiment.
Bullish signals prevail on the Pound/Yen’s short and mid-term charts, and the long-term scale turns red with 6 studies, but the technical studies are not confirmed by the less than 14% long interbank sentiment.
And things look similar for the Euro/Yen, which is mostly bullish on its short and mid-term scales and bearish in the long-term. The interbank is neutral at less than 13% long and does not support the technical models.
That’s all for Friday’s Primary Daily Trading Signals. Check back throughout the day for the latest updates.
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