It’s time for Thursday’s Primary Daily Trading Signals. I’m Louise McCauley with a closer look at the technical models and how they line up with the interbank stance at 8 AM GMT. First up is the Euro/Dollar with 5 and 4 neutral indicators on its 1 and 4-hour charts, respectively. The 24-hour scale is mostly bearish. Neutral at less than 8% short, the interbank supports the short and mid-term studies. The Cable is mostly neutral in the short-term, and the mid-term brings 4 bullish models. The long-term is back to neutral, but the interbank is bullish at more than 19% long, and it confirms the mid-term indicators. Dollar/Yen has neutral indicators prevailing on its short and mid-term charts. The long-term scale turns green with 6 models, and it is in line with the more than 53% long interbank stance. Pound/Yen sees a mix of neutral and red models on its hourly chart. The mid and long-term scales turn bullish with 5 and 8 studies, respectively, and they are backed up by the more than 22% long interbank stance. And Euro/Yen sees consistent results across the table, as it has 5 neutral indicators on its 1, 4 and 24-hour charts. The interbank is neutral as well at less than 2% short, and it matches the technical studies. That’s all for Thursday’s Main Daily Trading Signals. Stay tuned for the hourly updates.
It’s time for Thursday’s Primary Daily Trading Signals. I’m Louise McCauley with a closer look at the technical models and how they line up with the interbank stance at 8 AM GMT.
First up is the Euro/Dollar with 5 and 4 neutral indicators on its 1 and 4-hour charts, respectively. The 24-hour scale is mostly bearish. Neutral at less than 8% short, the interbank supports the short and mid-term studies.
The Cable is mostly neutral in the short-term, and the mid-term brings 4 bullish models. The long-term is back to neutral, but the interbank is bullish at more than 19% long, and it confirms the mid-term indicators.
Dollar/Yen has neutral indicators prevailing on its short and mid-term charts. The long-term scale turns green with 6 models, and it is in line with the more than 53% long interbank stance.
Pound/Yen sees a mix of neutral and red models on its hourly chart. The mid and long-term scales turn bullish with 5 and 8 studies, respectively, and they are backed up by the more than 22% long interbank stance.
And Euro/Yen sees consistent results across the table, as it has 5 neutral indicators on its 1, 4 and 24-hour charts. The interbank is neutral as well at less than 2% short, and it matches the technical studies.
That’s all for Thursday’s Main Daily Trading Signals. Stay tuned for the hourly updates.
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