These are the Main Daily Trading Signals for Monday. Here’s how the technicals compares with the interbank at 8 AM GMT. Euro/Dollar sees a mix of green and neutral models on its hourly chart. The mid and long-term scales turn green with 6 and 4 models, respectively, and they are in line with the more than 42% long interbank. There’s green across the table for the Pound/Dollar, which sees 5 buy prompts in both the short and long-term and 6 bullish models in the mid-term but, in contrast, the interbank is neutral at less than 2% long. 5 studies predict no major price changes on Dollar/Yen’s short-term chart. Bearish models prevail on the 4 and 24-hour charts, but the interbank is neutral at less than 7% long, matching the 1-hour technicals. Pound/Yen has neutral models prevailing across the table, with 4 neutral signals on both its 1 and 4-hour charts and 6 on its 24-hour scale, but the technicals are not supported by the interbank, which is bullish at more than 30% long. And Euro/Yen sees exactly 5 neutral signals in both the short, mid and long-term scales, but, once again, the technicals do not match the interbank, which instead is bullish at 16% long. You’ve been watching the Primary Daily Trading Signals with me, Jessica Walker. Stay tuned for the hourly updates.
These are the Main Daily Trading Signals for Monday. Here’s how the technicals compares with the interbank at 8 AM GMT.
Euro/Dollar sees a mix of green and neutral models on its hourly chart. The mid and long-term scales turn green with 6 and 4 models, respectively, and they are in line with the more than 42% long interbank.
There’s green across the table for the Pound/Dollar, which sees 5 buy prompts in both the short and long-term and 6 bullish models in the mid-term but, in contrast, the interbank is neutral at less than 2% long.
5 studies predict no major price changes on Dollar/Yen’s short-term chart. Bearish models prevail on the 4 and 24-hour charts, but the interbank is neutral at less than 7% long, matching the 1-hour technicals.
Pound/Yen has neutral models prevailing across the table, with 4 neutral signals on both its 1 and 4-hour charts and 6 on its 24-hour scale, but the technicals are not supported by the interbank, which is bullish at more than 30% long.
And Euro/Yen sees exactly 5 neutral signals in both the short, mid and long-term scales, but, once again, the technicals do not match the interbank, which instead is bullish at 16% long.
You’ve been watching the Primary Daily Trading Signals with me, Jessica Walker. Stay tuned for the hourly updates.
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