These are the Main Daily Trading Signals for Wednesday. Here’s how the interbank compares with the technicals at 8 AM GMT. Bullish signals prevail on Euro/Dollar’s 1 and 4-hour charts, whereas the 24-hour chart turns neutral with 5 models, and it is in line with the less than 10% short interbank stance. Next up is the Cable with 5 neutral models in the short-term. The mid and long-term scales bring 4 and 5 buy prompts, respectively, but, in contrast, the interbank is bearish at more than 17% short. 5 studies point South on Dollar/Yen’s hourly chart. The mid-term sees 5 neutral indicators, and the long-term turns bullish with 4 models. Neutral at less than 9% long, the interbank matches the 4-hour studies. Pound/Yen sees bearish models prevailing on its 1 and 4-hour charts. The 24-hour scale brings 6 bullish signals, but the technicals are not supported by the interbank, which is neutral at 7% long. And last up is the Euro/Yen with 6 and 4 neutral models on its short and mid-term scales, respectively. The long-term chart is mostly bullish, but the interbank is neutral at less than 11% short, and it confirms the 1 and 4-hour studies. I’m Jack Everitt and these were Wednesday’s Primary Daily Trading Signals. We’ll be providing the latest data on an hourly basis, so check back.
These are the Main Daily Trading Signals for Wednesday. Here’s how the interbank compares with the technicals at 8 AM GMT.
Bullish signals prevail on Euro/Dollar’s 1 and 4-hour charts, whereas the 24-hour chart turns neutral with 5 models, and it is in line with the less than 10% short interbank stance.
Next up is the Cable with 5 neutral models in the short-term. The mid and long-term scales bring 4 and 5 buy prompts, respectively, but, in contrast, the interbank is bearish at more than 17% short.
5 studies point South on Dollar/Yen’s hourly chart. The mid-term sees 5 neutral indicators, and the long-term turns bullish with 4 models. Neutral at less than 9% long, the interbank matches the 4-hour studies.
Pound/Yen sees bearish models prevailing on its 1 and 4-hour charts. The 24-hour scale brings 6 bullish signals, but the technicals are not supported by the interbank, which is neutral at 7% long.
And last up is the Euro/Yen with 6 and 4 neutral models on its short and mid-term scales, respectively. The long-term chart is mostly bullish, but the interbank is neutral at less than 11% short, and it confirms the 1 and 4-hour studies.
I’m Jack Everitt and these were Wednesday’s Primary Daily Trading Signals. We’ll be providing the latest data on an hourly basis, so check back.
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