It’s time once again for the Primary Daily Trading Signals. I’m Doireann McDermott and here’s a look at how the interbank sentiment compares to the technical studies at 8 GMT.
Most of the models are neutral for the Euro/Dollar in the short term. Mid and long term studies are mostly bearish and they are in line with the more than 20% short interbank sentiment.
There are 5 neutral prompts in the Cable’s hourly scale. 6 models point North in the mid term and 5 studies are neutral in the daily range. The 18% short interbank doesn’t match the technical studies.
Outlook is neutral for the Dollar/Yen in the short term chart. Mid and long term charts are dominated by green indicators and they are confirmed by the 41% long interbank.
5 models are neutral in the Pound/Yen’s hourly scale. Mid and long terms both have 7 green signals and they are backed up by the close to 17% long interbank stance.
There’s green across the table for the Euro/Yen. 4 models are bullish in the short term, 8 in the mid term and 7 in the daily range. Interbank exposure is less defined at only 3% long.
That wraps up Thursday’s Main Daily Trading Signals, but do stay tuned for the hourly updates to access the freshest stats throughout the day.

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