You’re watching the Primary Daily Trading Signals for Wednesday. I’m Sam Meredith with a closer look at how the technical studies line up with the interbank sentiment at 8 AM GMT.
5 studies point South on Euro/Dollar’s hourly chart. The mid-term brings 6 neutral signals, and the daily scale is back to bearish. The interbank is neutral at 8% short, and it supports the mid-term models.
The Cable also sees bearish signals prevailing in the short-term, and the mid and long-term scales turn neutral with 4 and 6 studies, respectively, but the technical studies are not backed up by the more than 16% long interbank sentiment.
Dollar/Yen is mostly neutral on both its 1 and 24-hour charts, but the 4-hour scale is overwelmingly bearish with 7 indicators, and it is in line with the more than 57% short interbank sentiment.
Next up is the Pound/Yen with 5 neutral models on both its short and mid-term charts and 4 sell prompts on the daily outlook. The interbank is neutral at less than 7% long, and it matches the 1 and 4-hour studies.
And 5 models predict a downward movement on Euro/Yen’s hourly chart. The mid-term sees a mix of neutral and red studies, and the long-term chart brings 4 sell prompts. Bearish at more than 17% long, the interbank confirms the short and long-term signals.
You’ve been watching the Main Daily Trading Signals for Wednesday. Stay tuned as we provide you with the latest updates throughout the day.

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