These are the Main Daily Trading Signals for Friday. Here’s how the interbank compares with the technicals at 8 AM GMT. 5 studies point South on Euro/Dollar’s hourly chart, but the mid and long-term scales turn overwhelmingly bullish with 6 and 7 studies, respectively, and they are in line with the more than 16% long interbank. The Cable sees 4 bullish indicators in the short-term. The mid and long-term charts see 6 neutral signals each, but, in contrast, the interbank is bearish at more than 26% short. Bearish models prevail on Dollar/Yen’s 1-hour chart. The 4-hour scale is divided between red and neutral signals, and the 24-hour chart is back to bearish with 4 models, but the interbank points in the other direction, being bullish at more than 27% long. Next up is the Pound/Yen with 5 neutral models on both its short and long-term charts. The mid-term scale brings 5 sell prompts, but the technicals are not supported by the interbank, which is bearish at more than 22% long. Euro/Yen sees 6 neutral signals in the short-term and 6 buy prompts in the mid-term, whereas the daily outlook is divided between green and neutral models. The interbank is bullish at more than 26% long, matching the 4-hour models. I’m Celeste Skinner and these were the Primary Daily Trading Signals. Stay tuned for the hourly updates.
These are the Main Daily Trading Signals for Friday. Here’s how the interbank compares with the technicals at 8 AM GMT.
5 studies point South on Euro/Dollar’s hourly chart, but the mid and long-term scales turn overwhelmingly bullish with 6 and 7 studies, respectively, and they are in line with the more than 16% long interbank.
The Cable sees 4 bullish indicators in the short-term. The mid and long-term charts see 6 neutral signals each, but, in contrast, the interbank is bearish at more than 26% short.
Bearish models prevail on Dollar/Yen’s 1-hour chart. The 4-hour scale is divided between red and neutral signals, and the 24-hour chart is back to bearish with 4 models, but the interbank points in the other direction, being bullish at more than 27% long.
Next up is the Pound/Yen with 5 neutral models on both its short and long-term charts. The mid-term scale brings 5 sell prompts, but the technicals are not supported by the interbank, which is bearish at more than 22% long.
Euro/Yen sees 6 neutral signals in the short-term and 6 buy prompts in the mid-term, whereas the daily outlook is divided between green and neutral models. The interbank is bullish at more than 26% long, matching the 4-hour models.
I’m Celeste Skinner and these were the Primary Daily Trading Signals. Stay tuned for the hourly updates.
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