Hello, I’m Sam Meredith with Wednesday’s Main Daily Trading Signals where we take a closer look at the technical models and how they compare with the interbank stance at 8 AM GMT. There’s green across the table for the Euro/Dollar, which has no less than 7 buy prompts in the short-term, 6 in the mid-term and 4 in the long-term, but the technical studies are not backed up by the less than 7% long interbank. Pound/Dollar’s hourly chart sees a mix of green and neutral models, but the mid and long-term scales turn neutral with 5 and 6 studies, respectively, and they are in line with the less than 4% short interbank stance. 6 studies point South on Dollar/Yen’s hourly chart, and the mid-term brings 5 neutral indicators, whereas the daily chart is overwhelmingly bullish. The interbank is strongly bearish at more than 52% short, and it matches the short-term models. Bearish indicators prevail on Pound/Yen’s 1-hour chart, and the 4-hour scale turns neutral with 6 studies. The 24-hour chart brings 6 buy prompts. Neutral at less than 12% short, the interbank supports the 4-hour models. And last up is the Euro/Yen with 5 neutral models on its short-term chart. Bullish indicators prevail on its mid and long-term scales. Neutral at less than 8% long, the interbank confirms the short-term studies. You’ve been watching the Primary Daily Trading Signals for Wednesday. Stay tuned for the hourly updates.
Hello, I’m Sam Meredith with Wednesday’s Main Daily Trading Signals where we take a closer look at the technical models and how they compare with the interbank stance at 8 AM GMT.
There’s green across the table for the Euro/Dollar, which has no less than 7 buy prompts in the short-term, 6 in the mid-term and 4 in the long-term, but the technical studies are not backed up by the less than 7% long interbank.
Pound/Dollar’s hourly chart sees a mix of green and neutral models, but the mid and long-term scales turn neutral with 5 and 6 studies, respectively, and they are in line with the less than 4% short interbank stance.
6 studies point South on Dollar/Yen’s hourly chart, and the mid-term brings 5 neutral indicators, whereas the daily chart is overwhelmingly bullish. The interbank is strongly bearish at more than 52% short, and it matches the short-term models.
Bearish indicators prevail on Pound/Yen’s 1-hour chart, and the 4-hour scale turns neutral with 6 studies. The 24-hour chart brings 6 buy prompts. Neutral at less than 12% short, the interbank supports the 4-hour models.
And last up is the Euro/Yen with 5 neutral models on its short-term chart. Bullish indicators prevail on its mid and long-term scales. Neutral at less than 8% long, the interbank confirms the short-term studies.
You’ve been watching the Primary Daily Trading Signals for Wednesday. Stay tuned for the hourly updates.
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