You’re watching the Main Daily Trading Signals for Friday. I’m Sinead MacLaughlin and here’s how the technical studies line up with the interbank stance at 8 AM GMT. All three time ranges bring different results for the Euro/Dollar, which is bullish in the short-term and mostly neutral in the mid-term. The daily scale brings 5 sell prompts, and it matches the more than 18% short interbank. Next up is the Cable with 4 and 5 green studies on its 1 and 4-hour charts, respectively. The 24-hour chart is split between 4 neutral and 4 bearish studies. In contrast, the interbank is bearish at more than 27% short. 6 studies predict no major price changes on the Dollar/Yen’s hourly chart, but the mid and long-term charts turns green with 4 and 8 studies, respectively, and they are in line with the more than 44% long interbank stance. Pound/Yen sees consistent results across the table, as it has 4 buy prompts on its short, mid and long-term charts, and, indeed, the technical studies are backed up by the interbank, which is bearish at more than 18% long. And last up is the Euro/Yen with 4 neutral studies on its hourly chart. Green signals prevail on the mid and long-term charts. The interbank is neutral at less than 1% long, and it supports the 1-hour models. You’ve been watching Friday’s Primary Daily Trading Signals. Check back in for the hourly updates.
You’re watching the Main Daily Trading Signals for Friday. I’m Sinead MacLaughlin and here’s how the technical studies line up with the interbank stance at 8 AM GMT.
All three time ranges bring different results for the Euro/Dollar, which is bullish in the short-term and mostly neutral in the mid-term. The daily scale brings 5 sell prompts, and it matches the more than 18% short interbank.
Next up is the Cable with 4 and 5 green studies on its 1 and 4-hour charts, respectively. The 24-hour chart is split between 4 neutral and 4 bearish studies. In contrast, the interbank is bearish at more than 27% short.
6 studies predict no major price changes on the Dollar/Yen’s hourly chart, but the mid and long-term charts turns green with 4 and 8 studies, respectively, and they are in line with the more than 44% long interbank stance.
Pound/Yen sees consistent results across the table, as it has 4 buy prompts on its short, mid and long-term charts, and, indeed, the technical studies are backed up by the interbank, which is bearish at more than 18% long.
And last up is the Euro/Yen with 4 neutral studies on its hourly chart. Green signals prevail on the mid and long-term charts. The interbank is neutral at less than 1% long, and it supports the 1-hour models.
You’ve been watching Friday’s Primary Daily Trading Signals. Check back in for the hourly updates.
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