Good morning traders, the Dukascopy TV team brings you the Primary Daily Trading Signals for Wednesday. All three time ranges bring different results for the Euro/Dollar, which is overwhelmingly bearish in the short-term. The mid-term sees 5 neutral indicators, and all 8 models are bullish in the long-term, in line with the more than 15% long interbank. 4 studies point South on the Cable’s hourly chart. The 4-hour scale is split between red and neutral models, whereas the 24-hour chart sees a mix of green and neutral indicators. Bearish at more than 17% short, the interbank confirms the 1-hour models. Dollar/Yen sees a mix of buy and neutral prompts in the short-term. The mid-term is divided between red and neutral models, and the daily outlook brings 6 bearish signals, but, in contrast, the interbank actually is bullish at more than 26% long. 5 studies predict no major price changes on Pound/Yen’s hourly chart. The mid-term again sees a mix of sell and neutral prompts, whereas the long-term is back to neutral, but the technicals are not supported by the interbank, which is bullish at more than 16% long. And bearish signals prevail on Euro/Yen’s 1-hour chart. The 4-hour scale is mostly neutral, and the long-term scale is divided between green and neutral models. As to the interbank, it is strongly bullish at more than 47% long and does not confirm the technicals. I’m Jessica Walker and these were the Main Daily Trading Signals, but you may follow the latest developments with the hourly updates.
Good morning traders, the Dukascopy TV team brings you the Primary Daily Trading Signals for Wednesday.
All three time ranges bring different results for the Euro/Dollar, which is overwhelmingly bearish in the short-term. The mid-term sees 5 neutral indicators, and all 8 models are bullish in the long-term, in line with the more than 15% long interbank.
4 studies point South on the Cable’s hourly chart. The 4-hour scale is split between red and neutral models, whereas the 24-hour chart sees a mix of green and neutral indicators.
Bearish at more than 17% short, the interbank confirms the 1-hour models.
Dollar/Yen sees a mix of buy and neutral prompts in the short-term. The mid-term is divided between red and neutral models, and the daily outlook brings 6 bearish signals, but, in contrast, the interbank actually is bullish at more than 26% long.
5 studies predict no major price changes on Pound/Yen’s hourly chart. The mid-term again sees a mix of sell and neutral prompts, whereas the long-term is back to neutral, but the technicals are not supported by the interbank, which is bullish at more than 16% long.
And bearish signals prevail on Euro/Yen’s 1-hour chart. The 4-hour scale is mostly neutral, and the long-term scale is divided between green and neutral models. As to the interbank, it is strongly bullish at more than 47% long and does not confirm the technicals.
I’m Jessica Walker and these were the Main Daily Trading Signals, but you may follow the latest developments with the hourly updates.
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