These are the Main Daily Trading Signals for Wednesday. Here’s how the interbank compares with the technicals at 8 AM GMT. Euro/Dollar’s hourly chart is split between green and neutral models, whereas the mid and long-term scales turn neutral with 5 and 6 studies, respectively. In contrast, the interbank is bullish at more than 16% long. There’s green across the table for the Pound/Dollar, which sees 6 buy prompts in both the short and long-term and 7 bullish models in the mid-term, but the technicals are not supported by the interbank, which is neutral at less than 5% short. Dollar/Yen sees a mix of red and neutral models on its short-term chart. Neutral signals prevail in the mid and long-term, but the interbank is bearish at more than 22% short and does not match the technicals. 4 studies predict no major price changes on Pound/Yen’s hourly chart. The mid and long-term scales are mostly bullish, but the interbank is neutral at less than 9% long, and it supports the 1-hour studies. And Euro/Yen’s short-term scale is divided between red and neutral models. The mid-term sees a mix of green and neutral signals, and the daily scale turns green with 5 studies, matching the more than 28% long interbank. I’m Jessica Walker and these were the Primary Daily Trading Signals. Stay tuned for the hourly updates.
These are the Main Daily Trading Signals for Wednesday. Here’s how the interbank compares with the technicals at 8 AM GMT.
Euro/Dollar’s hourly chart is split between green and neutral models, whereas the mid and long-term scales turn neutral with 5 and 6 studies, respectively. In contrast, the interbank is bullish at more than 16% long.
There’s green across the table for the Pound/Dollar, which sees 6 buy prompts in both the short and long-term and 7 bullish models in the mid-term, but the technicals are not supported by the interbank, which is neutral at less than 5% short.
Dollar/Yen sees a mix of red and neutral models on its short-term chart. Neutral signals prevail in the mid and long-term, but the interbank is bearish at more than 22% short and does not match the technicals.
4 studies predict no major price changes on Pound/Yen’s hourly chart. The mid and long-term scales are mostly bullish, but the interbank is neutral at less than 9% long, and it supports the 1-hour studies.
And Euro/Yen’s short-term scale is divided between red and neutral models. The mid-term sees a mix of green and neutral signals, and the daily scale turns green with 5 studies, matching the more than 28% long interbank.
I’m Jessica Walker and these were the Primary Daily Trading Signals. Stay tuned for the hourly updates.
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