Find out how the technical studies compare with the interbank sentiment at 8 AM GMT. These are the Main Daily Trading Signals. Euro/Dollar is mostly bullish in the short-term, but the mid and long-term scales turn neutral with 6 and 5 studies, respectively, and they are in line with the less than 11% long interbank stance. There’s red across the table for the Pound/Dollar, which sees 4 sell prompts on its 1 and 24-hour charts and 5 on its 4-hour scale, and, indeed, they are backed up by the more than 24% short interbank. Next up is the Dollar/Yen with 6 and 5 bearish signals on its short and mid-term charts, respectively. The daily outlook is split between red and neutral models. Bearish at more than 38% short, the interbank matches the 1 and 4-hour models. Pound/Yen sees consistent results in all three time ranges, as it has 6 sell prompts on its short, mid and long-term charts, but, in contrast, the interbank is neutral at less than 1% long. And Euro/Yen also has bearish models prevailing in all three time ranges, with 4 in the short-term, 6 in the mid-term and 5 in the long-term, but the interbank points in the other direction as it’s bullish at more than 22% long. I’m Sam Meredith and you’ve been watching the Primary Daily Trading Signals for Wednesday. Stay tuned for the hourly updates.
Find out how the technical studies compare with the interbank sentiment at 8 AM GMT. These are the Main Daily Trading Signals.
Euro/Dollar is mostly bullish in the short-term, but the mid and long-term scales turn neutral with 6 and 5 studies, respectively, and they are in line with the less than 11% long interbank stance.
There’s red across the table for the Pound/Dollar, which sees 4 sell prompts on its 1 and 24-hour charts and 5 on its 4-hour scale, and, indeed, they are backed up by the more than 24% short interbank.
Next up is the Dollar/Yen with 6 and 5 bearish signals on its short and mid-term charts, respectively. The daily outlook is split between red and neutral models. Bearish at more than 38% short, the interbank matches the 1 and 4-hour models.
Pound/Yen sees consistent results in all three time ranges, as it has 6 sell prompts on its short, mid and long-term charts, but, in contrast, the interbank is neutral at less than 1% long.
And Euro/Yen also has bearish models prevailing in all three time ranges, with 4 in the short-term, 6 in the mid-term and 5 in the long-term, but the interbank points in the other direction as it’s bullish at more than 22% long.
I’m Sam Meredith and you’ve been watching the Primary Daily Trading Signals for Wednesday. Stay tuned for the hourly updates.
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