You’re watching this week’s last edition of the Primary Daily Trading Signals. I’m Ben Jones and here’s how the technical indicators line up with the interbank sentiment at 8 AM GMT. First up is the Euro/Dollar with 4 sell prompts on its hourly chart and 5 neutral signals in the mid-term. The daily outlook is split between green and neutral indicators. The interbank is neutral at less than 8% short, matching the 4-hour models. The Cable is mostly bearish on its short and mid-term charts, and the long-term scale turns neutral with 6 indicators, which is in line with the less than 10% short interbank sentiment. All three time ranges bring different results for the Dollar/Yen, which sees 5 buy prompts in the short-term. Mid-term is mostly neutral, and long-term turns red with 5 studies. Bullish at more than 15% long, the interbank supports the 1-hour models. There’s red across the table for the Pound/Yen, which sees 4 bearish signals on its 1-hour chart and 5 on both its 4 and 24-hour scales. In contrast, the interbank sentiment is neutral at 7% short. And 4 studies predict no major price changes on Euro/Yen’s hourly chart. The mid and long-term scales turn red with 4 and 6 studies, respectively. Neutral at less than 9% short, the interbank stance confirms the short-term models. That concludes the Main Daily Trading Signals for Friday, but these stats are updated on an hourly basis, so stay tuned.
You’re watching this week’s last edition of the Primary Daily Trading Signals. I’m Ben Jones and here’s how the technical indicators line up with the interbank sentiment at 8 AM GMT.
First up is the Euro/Dollar with 4 sell prompts on its hourly chart and 5 neutral signals in the mid-term. The daily outlook is split between green and neutral indicators. The interbank is neutral at less than 8% short, matching the 4-hour models.
The Cable is mostly bearish on its short and mid-term charts, and the long-term scale turns neutral with 6 indicators, which is in line with the less than 10% short interbank sentiment.
All three time ranges bring different results for the Dollar/Yen, which sees 5 buy prompts in the short-term. Mid-term is mostly neutral, and long-term turns red with 5 studies. Bullish at more than 15% long, the interbank supports the 1-hour models.
There’s red across the table for the Pound/Yen, which sees 4 bearish signals on its 1-hour chart and 5 on both its 4 and 24-hour scales. In contrast, the interbank sentiment is neutral at 7% short.
And 4 studies predict no major price changes on Euro/Yen’s hourly chart. The mid and long-term scales turn red with 4 and 6 studies, respectively. Neutral at less than 9% short, the interbank stance confirms the short-term models.
That concludes the Main Daily Trading Signals for Friday, but these stats are updated on an hourly basis, so stay tuned.
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