These are the Main Daily Trading Signals for Thursday. Here’s how the interbank compares with the technicals at 8 AM GMT. Euro/Dollar is mostly bearish in the short-term. The mid-term is divided between red and neutral models, but the daily outlook turns overwhelmingly bullish with 7 studies, and it is in line with the more than 22% long interbank. The Cable also has bearish signals prevailing on its 1-hour chart. The 4-hour scale brings 6 neutral models, and the 24-hour chart sees 4 buy prompts. Neutral at less than 1% long, the interbank confirms the 4-hour models. Dollar/Yen sees a mix of green and neutral signals in the short-term. The mid and long-term charts turn bearish with 6 and 5 studies, respectively, but, in contrast, the interbank actually is bullish at 16% long. Things look similar for the Pound/Yen, as it’s also divided between buy and neutral prompts on its hourly chart. The 4 and 24-hour scales bring 7 and 5 red signals, respectively, but the technicals are not supported by the less than 6% long interbank. And Euro/Yen’s short-term chart is divided between bearish and neutral models. The mid-term turns red with 5 models, and the daily chart sees 4 neutral signals, but the interbank is bullish at more than 27% long and does not match the technicals. I’m Jack Everitt and these were the Primary Daily Trading Signals. Check back in throughout the day to follow the latest developments.
These are the Main Daily Trading Signals for Thursday. Here’s how the interbank compares with the technicals at 8 AM GMT.
Euro/Dollar is mostly bearish in the short-term. The mid-term is divided between red and neutral models, but the daily outlook turns overwhelmingly bullish with 7 studies, and it is in line with the more than 22% long interbank.
The Cable also has bearish signals prevailing on its 1-hour chart. The 4-hour scale brings 6 neutral models, and the 24-hour chart sees 4 buy prompts. Neutral at less than 1% long, the interbank confirms the 4-hour models.
Dollar/Yen sees a mix of green and neutral signals in the short-term. The mid and long-term charts turn bearish with 6 and 5 studies, respectively, but, in contrast, the interbank actually is bullish at 16% long.
Things look similar for the Pound/Yen, as it’s also divided between buy and neutral prompts on its hourly chart. The 4 and 24-hour scales bring 7 and 5 red signals, respectively, but the technicals are not supported by the less than 6% long interbank.
And Euro/Yen’s short-term chart is divided between bearish and neutral models. The mid-term turns red with 5 models, and the daily chart sees 4 neutral signals, but the interbank is bullish at more than 27% long and does not match the technicals.
I’m Jack Everitt and these were the Primary Daily Trading Signals. Check back in throughout the day to follow the latest developments.
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