It’s time for another edition of the Primary Daily Trading Signals. I’m Alex Iszatt with a closer look at the technical indicators and how they compare with the interbank sentiment at 8 AM GMT this Wednesday.
Euro/Dollar sees a mix of bullish and neutral signals in the short term, and the mid-term is split between bearish and neutral studies. The daily outlook brings 6 neutral studies, and it is backed up by the less than 1% long interbank.
Next up is the Cable with 4 and 5 sell prompts on its 1 and 4-hour charts, respectively. The 24-hour scale is mostly neutral. Bearish at more than 22% short, the interbank stance is in line with the short and mid-term models.
Dollar/Yen sees neutral indicators prevailing across the table, with 5 on both its short and mid-term charts and 4 in the long-term, and they are supported by the less than 8% long interbank sentiment.
Pound/Yen is mostly bearish in the short-term. The mid-term is divided between red and neutral indicators, and the daily scale brings 5 neutral studies, matching the less than 2% short interbank stance.
And Euro/Yen sees 5 neutral signals in the short-term. The mid-term scale brings a mix of sell and neutral prompts, and the long-term chart is back to neutral. In contrast, the interbank is bearish at more than 16% short.
These were the Main Daily Trading Signals for Wednesday. Stay tuned for the hourly updates.

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