It’s time for this week’s first edition of the Primary Daily Trading Signals. I’m Sinead MacLaughlin with a closer look at the technical models and how they compare with the interbank stance at 8 AM GMT. Euro/Dollar sees consistent results across the table, as it has 5 neutral signals on its short, mid and long-term charts, and they are in line with the less than 8% short interbank sentiment. Next up is the Cable with 6 neutral signals in the short term, 4 in the mid-term and 5 in the long-term. The interbank is neutral as well at less than 12% short, and it matches the technical studies. Dollar/Yen is mostly neutral on its hourly chart, and the 4 and 24-hour scales turn red with 6 studies each. Neutral at less than 12% long, the interbank sentiment supports the 1-hour studies. There’s red across the table for the Pound/Yen, which sees 4 sell prompts on its short-term charts and 7 bearish prompts on both its mid and long-term scales. In contrast, the interbank is neutral at less than 11% short. And 5 studies predict no major price changes on Euro/Yen’s 1-hour chart. The mid and long-term scales are mostly bearish, and they are backed up by the more than 16% short interbank sentiment. You’ve been watching the Main Daily Trading Signals for Monday. These stats are updated throughout the day, so check back.
It’s time for this week’s first edition of the Primary Daily Trading Signals. I’m Sinead MacLaughlin with a closer look at the technical models and how they compare with the interbank stance at 8 AM GMT.
Euro/Dollar sees consistent results across the table, as it has 5 neutral signals on its short, mid and long-term charts, and they are in line with the less than 8% short interbank sentiment.
Next up is the Cable with 6 neutral signals in the short term, 4 in the mid-term and 5 in the long-term. The interbank is neutral as well at less than 12% short, and it matches the technical studies.
Dollar/Yen is mostly neutral on its hourly chart, and the 4 and 24-hour scales turn red with 6 studies each. Neutral at less than 12% long, the interbank sentiment supports the 1-hour studies.
There’s red across the table for the Pound/Yen, which sees 4 sell prompts on its short-term charts and 7 bearish prompts on both its mid and long-term scales. In contrast, the interbank is neutral at less than 11% short.
And 5 studies predict no major price changes on Euro/Yen’s 1-hour chart. The mid and long-term scales are mostly bearish, and they are backed up by the more than 16% short interbank sentiment.
You’ve been watching the Main Daily Trading Signals for Monday. These stats are updated throughout the day, so check back.
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