It’s 8 AM GMT this Thursday, which means it’s time for the Primary Daily Trading Signals. I’m Ben Jones and here’s how the interbank sentiment lines up with the technical studies. First up is the Euro/Dollar with 4 buy prompts on its hourly chart. The 4-hour scale brings 5 neutral signals, and the 24-hour chart turns red. Neutral at less than 9% short, the interbank is in line with the mid-term models. The Cable sees a contradicting mix of green and red indicators in the short-term, but the mid and long-term charts are strongly bearish, and they are backed up by the more than 19% short interbank stance. There’s green across the table for the Dollar/Yen, which sees 5 buy prompts on both its short and mid-term charts and 4 bullish indicators in the long-term. In contrast, the interbank is neutral at less than 10% long. 4 studies point North on Pound/Yen’s hourly chart. The 4 and 24-hour charts bring 5 neutral indicators each, and they are confirmed by the interbank sentiment, which is neutral at less than 4% long. And last up is the Euro/Yen with 6 and 4 bullish signals on its short and mid-term charts, respectively. The daily outlook is mostly neutral. Bullish at more than 23% long, the interbank supports the 1 and 4-hour models. That’s all for Thursday’s Main Daily Trading Signals, but our updates team will be providing you with the latest data throughout the day, so stay tuned.
It’s 8 AM GMT this Thursday, which means it’s time for the Primary Daily Trading Signals. I’m Ben Jones and here’s how the interbank sentiment lines up with the technical studies.
First up is the Euro/Dollar with 4 buy prompts on its hourly chart. The 4-hour scale brings 5 neutral signals, and the 24-hour chart turns red. Neutral at less than 9% short, the interbank is in line with the mid-term models.
The Cable sees a contradicting mix of green and red indicators in the short-term, but the mid and long-term charts are strongly bearish, and they are backed up by the more than 19% short interbank stance.
There’s green across the table for the Dollar/Yen, which sees 5 buy prompts on both its short and mid-term charts and 4 bullish indicators in the long-term. In contrast, the interbank is neutral at less than 10% long.
4 studies point North on Pound/Yen’s hourly chart. The 4 and 24-hour charts bring 5 neutral indicators each, and they are confirmed by the interbank sentiment, which is neutral at less than 4% long.
And last up is the Euro/Yen with 6 and 4 bullish signals on its short and mid-term charts, respectively. The daily outlook is mostly neutral. Bullish at more than 23% long, the interbank supports the 1 and 4-hour models.
That’s all for Thursday’s Main Daily Trading Signals, but our updates team will be providing you with the latest data throughout the day, so stay tuned.
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