Hello, I’m Sam Meredith with the Primary Daily Trading Signals for Wednesday. Let’s see how the technical studies compare with the interbank sentiment at 8 AM GMT. Euro/Dollar sees a mix of green and red signals on its hourly chart, but the mid and long-term scales turn neutral with 5 studies each, and they are backed up by the less than 6% long interbank stance. Next up is the Cable with 4 neutral models in the short-term. The mid and long-term charts turn red with 5 and 4 signals, respectively. Neutral at 1% long, the interbank matches the short-term studies. Neutral indicators prevail on Dollar/Yen’s 1 and 4-hour charts, and the 24-hour scale is split between green and neutral models, but the technical studies are not supported by the more than 22% short interbank. 4 studies predict no major price changes on Pound/Yen’s hourly chart, and the mid and long-term scales turn red with 5 and 6 studies, respectively. In contrast, the interbank is bullish at more than 15% long. And Euro/Yen’s short-term chart is divided between buy and sell prompts. The mid and long-term scales see 5 neutral indicators each, and they are in line with the less than 12% short interbank stance. That concludes Wednesday’s Main Daily Trading Signals, but these stats will be updated throughout the day, so stay tuned.
Hello, I’m Sam Meredith with the Primary Daily Trading Signals for Wednesday. Let’s see how the technical studies compare with the interbank sentiment at 8 AM GMT.
Euro/Dollar sees a mix of green and red signals on its hourly chart, but the mid and long-term scales turn neutral with 5 studies each, and they are backed up by the less than 6% long interbank stance.
Next up is the Cable with 4 neutral models in the short-term. The mid and long-term charts turn red with 5 and 4 signals, respectively. Neutral at 1% long, the interbank matches the short-term studies.
Neutral indicators prevail on Dollar/Yen’s 1 and 4-hour charts, and the 24-hour scale is split between green and neutral models, but the technical studies are not supported by the more than 22% short interbank.
4 studies predict no major price changes on Pound/Yen’s hourly chart, and the mid and long-term scales turn red with 5 and 6 studies, respectively. In contrast, the interbank is bullish at more than 15% long.
And Euro/Yen’s short-term chart is divided between buy and sell prompts. The mid and long-term scales see 5 neutral indicators each, and they are in line with the less than 12% short interbank stance.
That concludes Wednesday’s Main Daily Trading Signals, but these stats will be updated throughout the day, so stay tuned.
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