Hello traders, you’re watching the Main Daily Trading Signals for Tuesday. Here’s how the technicals line up with the interbank at 8 AM GMT. 6 studies point North on Euro/Dollar’s hourly chart. The mid-term is mostly neutral, and the daily outlook is split between red and neutral indicators. Bullish at more than 24% long, the interbank supports the short-term studies. Next up is the Cable with 6 neutral indicators in the short-term. The mid and long-term scales turn bearish with 6 and 4 studies, respectively, but the interbank is neutral at less than 9% short, and it confirms the 1-hour models. There’s red across the table for the Dollar/Yen, which sees 5 sell prompts on both its 1 and 24-hour charts and 6 bearish signals on its 4-hour scale, and they are backed up by the interbank, which stands at 40% short. Pound/Yen also sees bearish signals prevailing in all three time ranges, with 5 in the short-term and 6 in both the mid and long-term, and, indeed, they are in line with the more than 28% short interbank stance. And last up is the Euro/Yen with 4 neutral models on both its 1 and 4-hour charts. The 24-hour scale turns bearish with 6 studies, and it matches the more than 25% short interbank sentiment. I’m Jessica Walker and that’s how things look at 8 AM, but we’ll be updating these stats throughout the day, so check back.
Hello traders, you’re watching the Main Daily Trading Signals for Tuesday. Here’s how the technicals line up with the interbank at 8 AM GMT.
6 studies point North on Euro/Dollar’s hourly chart. The mid-term is mostly neutral, and the daily outlook is split between red and neutral indicators. Bullish at more than 24% long, the interbank supports the short-term studies.
Next up is the Cable with 6 neutral indicators in the short-term. The mid and long-term scales turn bearish with 6 and 4 studies, respectively, but the interbank is neutral at less than 9% short, and it confirms the 1-hour models.
There’s red across the table for the Dollar/Yen, which sees 5 sell prompts on both its 1 and 24-hour charts and 6 bearish signals on its 4-hour scale, and they are backed up by the interbank, which stands at 40% short.
Pound/Yen also sees bearish signals prevailing in all three time ranges, with 5 in the short-term and 6 in both the mid and long-term, and, indeed, they are in line with the more than 28% short interbank stance.
And last up is the Euro/Yen with 4 neutral models on both its 1 and 4-hour charts. The 24-hour scale turns bearish with 6 studies, and it matches the more than 25% short interbank sentiment.
I’m Jessica Walker and that’s how things look at 8 AM, but we’ll be updating these stats throughout the day, so check back.
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