It’s 8AM GMT on this Friday morning and it’s time for the Main Daily Trading Signals. Euro/Dollar’s short term chart is split between sell and neutral models. The mid and long term charts both have 5 neutrals each, however, the interbank is bullish at more than 16% long and it does not match any of the time frames. Neutral signals prevail on the Cable’s 1 and 4-hour charts with 5 and 4 studies respectively. But the daily chart is showing a different story with 5 sell technicals. Bearish at more than 28% short, the interbank supports the daily outlook. Dollar/Yen’s short term chart is split between green and neutral models, however, the mid and long term charts both have 5 red confirmations each. The interbank is bearish at more than 35% short, lining up with the mid and long term charts. The one hour chart for Pound/Yen is divided between red and green prompts. Whereas the 4 hour and daily time scale show a bearish picture with 5 signals each. In contrast, the interbank is neutral at less than 1% short and it does not support the technicals. And last for this overview is the Euro/Yen, which has bearish signals dominating all three time periods. The interbank is at odds with the signals however, coming in bullish at more than 46% long. So that wraps up this week’s last Daily Trading Signals – but don’t go anywhere as these stats will be updated on an hourly basis.
It’s 8AM GMT on this Friday morning and it’s time for the Main Daily Trading Signals.
Euro/Dollar’s short term chart is split between sell and neutral models. The mid and long term charts both have 5 neutrals each, however, the interbank is bullish at more than 16% long and it does not match any of the time frames.
Neutral signals prevail on the Cable’s 1 and 4-hour charts with 5 and 4 studies respectively. But the daily chart is showing a different story with 5 sell technicals. Bearish at more than 28% short, the interbank supports the daily outlook.
Dollar/Yen’s short term chart is split between green and neutral models, however, the mid and long term charts both have 5 red confirmations each. The interbank is bearish at more than 35% short, lining up with the mid and long term charts.
The one hour chart for Pound/Yen is divided between red and green prompts. Whereas the 4 hour and daily time scale show a bearish picture with 5 signals each. In contrast, the interbank is neutral at less than 1% short and it does not support the technicals.
And last for this overview is the Euro/Yen, which has bearish signals dominating all three time periods. The interbank is at odds with the signals however, coming in bullish at more than 46% long.
So that wraps up this week’s last Daily Trading Signals – but don’t go anywhere as these stats will be updated on an hourly basis.
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