12.11.2015 – Trading Signals by Dukascopy
November 12, 2015 9:01 amVideo
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You’re watching the Primary Daily Trading Signals for Thursday. I’m Louise McCauley with a closer look at the technical models and how they compare with the interbank sentiment at 8 AM GMT.
First up is the Euro/Dollar with 5 neutral indicators on both its 1 and 4-hour charts. The 24-hour scale is split between red and bearish models. Neutral at less than 5% short, the interbank matches the short and mid-term studies.
5 studies point South on Pound/Dollar’s hourly chart, and the mid and long-term scales turn neutral with 4 and 6 studies, respectively, but the interbank is bullish at more than 19% long and does not support the technical models.
Neutral indicators prevail on Dollar/Yen’s short and mid-term charts. The long-term scale brings 4 bullish models, and it is in line with the more than 54% long interbank sentiment.
Things look similar for the Pound/Yen, as it is mostly neutral in the short and mid-term. The daily outlook sees 5 green indicators, and it is backed up by the more than 22% long interbank stance.
And last up is the Euro/Yen with 5 neutral indicators on both its short and mid-term charts. The long-term scale is mostly bearish. Neutral at less than 6% short, the interbank confirms the 1 and 4-hour models.
You’ve been watching the Main Daily Trading Signals for Thursday. Check back in throughout the day for the latest updates.
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