Hello, I’m Sinead MacLaughlin with Wednesday’s Main Daily Trading Signals. Let’s take a closer look at how the technical models line up with the interbank sentiment at 8 AM GMT. First up is the Euro/Dollar with 6 and 5 green signals on its 1 and 24-hour charts, respectively. The mid-term is split between green and neutral models, but the technical studies are not supported by the interbank, which is neutral at less than 11% long. 4 studies predict no major price changes on the Cable’s hourly chart. The mid-term is mostly bearish, and the long-term chart brings 5 buy prompts. Neutral at less than 10% short, the interbank confirms the 1-hour models. Dollar/Yen is mostly neutral in the short-term. The mid-term chart turns bullish with 4 studies, and the daily outlook sees a mix of red and neutral indicators, but, in contrast, the interbank is strongly bearish at more than 52% short. Pound/Yen’s hourly chart is divided between red and neutral models. The 4-hour scale is mostly neutral, and green models prevail on the 24-hour chart, but the interbank is bearish at more than 37% short and does not match the technical studies. And Euro/Yen is overwhelmingly bullish on its short and mid-term charts. The daily scale turns neutral with 4 studies, and it is in line with the less than 5% short interbank stance. That’s all for Wednesday’s Primary Daily Trading Signals. Check back throughout the day for the latest updates.
Hello, I’m Sinead MacLaughlin with Wednesday’s Main Daily Trading Signals. Let’s take a closer look at how the technical models line up with the interbank sentiment at 8 AM GMT.
First up is the Euro/Dollar with 6 and 5 green signals on its 1 and 24-hour charts, respectively. The mid-term is split between green and neutral models, but the technical studies are not supported by the interbank, which is neutral at less than 11% long.
4 studies predict no major price changes on the Cable’s hourly chart. The mid-term is mostly bearish, and the long-term chart brings 5 buy prompts. Neutral at less than 10% short, the interbank confirms the 1-hour models.
Dollar/Yen is mostly neutral in the short-term. The mid-term chart turns bullish with 4 studies, and the daily outlook sees a mix of red and neutral indicators, but, in contrast, the interbank is strongly bearish at more than 52% short.
Pound/Yen’s hourly chart is divided between red and neutral models. The 4-hour scale is mostly neutral, and green models prevail on the 24-hour chart, but the interbank is bearish at more than 37% short and does not match the technical studies.
And Euro/Yen is overwhelmingly bullish on its short and mid-term charts. The daily scale turns neutral with 4 studies, and it is in line with the less than 5% short interbank stance.
That’s all for Wednesday’s Primary Daily Trading Signals. Check back throughout the day for the latest updates.
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