It’s time for this week’s last edition of the Primary Daily Trading Signals. Here’s a closer look at how the technical studies line up with the interbank sentiment at 8 AM GMT.
Euro/Dollar has 7 green signals in the hourly scale, but both the mid and long term indicators are mostly neutral and they are in line with the only 8% long interbank.
4 models are pointing up in the Cable’s hourly chart. Mid term brings 6 neutrals and daily outlook shifts to bearish, which is backed up by the 28% short interbank stance.
Dollar/Yen has 5 sell signals in the short term. Mid and long term charts both have 5 neutrals, but the close to 49% long interbank is strongly bullish.
There’s red across the table for the Pound/Yen. There are 5 sell signals in the short term, 6 in the mid term and 5 in the daily range. Interbank stance is almost 18% short, matching the technical studies.
Euro/Yen’s 1 and 4 hour charts have 4 and 5 sell signals respectively. Most of the models are neutral in the long term and they are in line with the less than 3% short interbank.
That’s all for Friday’s Main Daily Trading Signals, but these stats are updated on an hourly basis, so check back.

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