16.01.2017 – Trading Signals by Dukascopy
January 16, 2017 9:21 amVideo
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You’re watching the Main Daily Trading Signals for Monday. Here’s how the interbank compares with the technicals at 8 AM GMT.
All three time ranges bring different results for the Euro/Dollar, which is mostly bearish in the short-term. The mid-term turns neutral with 4 models, and the daily outlook brings 4 buy prompts. Neutral at less than 1% long, the interbank supports the 4-hour models.
Neutral models prevail on the Cable’s hourly chart, but the 4 and 24-hour charts turn red with 5 and 6 sell prompts, respectively, and they are in line with the more than 40% short interbank.
Dollar/Yen sees a mix of red and neutral signals in the short-term. The mid and long-term scales see 6 bearish models each, but, in contrast, the interbank is neutral at less than 7% long.
Next up is the Pound/Yen with 4 neutral models on its 1-hour chart. The 4 and 24-hour scales are mostly bearish, but the interbank is neutral at 5% short, and it matches the short-term studies.
And Euro/Yen’s hourly chart is divided between buy and sell prompts. The mid and long-term scales bring 6 bearish models each. As to the interbank, it is neutral at less than 1% short and it does not back up the technicals.
These were the Primary Daily Trading Signals with me, Kiays Khalil. Check back in for the hourly updates.
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