You’re watching the Main Daily Trading Signals for Monday. Here’s how the technical models compare with the interbank stance at 8 AM GMT. Euro/Dollar’s hourly chart is split between red and neutral models, and the mid-term chart brings 6 neutral indicators. The daily outlook is mostly bullish, but the interbank is neutral at less than 14% long, and it matches the 4-hour studies. Next up is the Pound/Dollar with 4 and 5 neutral models on its 1 and 4-hour charts, respectively. The 24-hour scale turns green with 5 indicators. Neutral at less than 14% short, the interbank confirms the short and mid-term studies. Dollar/Yen sees consistent results across the table, as it has 5 neutral models on its short, mid and long-term charts, but, in contrast, the interbank is strongly bearish at more than 51% short. Pound/Yen has 5 and 4 neutral indicators on its 1 and 4-hour charts, respectively. The daily scale is divided between green and neutral models, but the interbank is neutral at less than 4% long, and it supports the short and mid-term signals. And neutral indicators prevail on Euro/Yen’s short and mid-term charts. The long-term scale turns green with 5 models, and it is backed up by the more than 17% long interbank stance. That concludes the Primary Daily Trading Signals for Monday with me, Louise McCauley. Stay tuned for the hourly updates.
You’re watching the Main Daily Trading Signals for Monday. Here’s how the technical models compare with the interbank stance at 8 AM GMT.
Euro/Dollar’s hourly chart is split between red and neutral models, and the mid-term chart brings 6 neutral indicators. The daily outlook is mostly bullish, but the interbank is neutral at less than 14% long, and it matches the 4-hour studies.
Next up is the Pound/Dollar with 4 and 5 neutral models on its 1 and 4-hour charts, respectively. The 24-hour scale turns green with 5 indicators. Neutral at less than 14% short, the interbank confirms the short and mid-term studies.
Dollar/Yen sees consistent results across the table, as it has 5 neutral models on its short, mid and long-term charts, but, in contrast, the interbank is strongly bearish at more than 51% short.
Pound/Yen has 5 and 4 neutral indicators on its 1 and 4-hour charts, respectively. The daily scale is divided between green and neutral models, but the interbank is neutral at less than 4% long, and it supports the short and mid-term signals.
And neutral indicators prevail on Euro/Yen’s short and mid-term charts. The long-term scale turns green with 5 models, and it is backed up by the more than 17% long interbank stance.
That concludes the Primary Daily Trading Signals for Monday with me, Louise McCauley. Stay tuned for the hourly updates.
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