23.02.2016 – Trading Signals by Dukascopy
February 23, 2016 9:10 amVideo
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Find out how the technical studies compare with the interbank stance at 8 AM GMT. These are the Main Daily Trading Signals.
Euro/Dollar is mostly neutral in the short-term, whereas the mid and long-term scales turn bearish with 5 models each. Neutral at less than 1% short, the interbank matches the 1-hour models.
Pound/Dollar sees a mix of red and neutral models on its hourly chart, but the 4 and 24-hour scales turn red with 5 and 6 studies, respectively, and they are backed up by the more than 33% short interbank.
Next up is the Dollar/Yen with 6 sell prompts on its short-term chart. The mid-term is divided between red and neutral models, whereas the daily outlook is back to bearish. The interbank is bearish as well at more than 51% short, backing up the 1 and 24-hour models.
There’s red across the table for the Pound/Yen, which sees 5 bearish indicators on its short and mid-term scales and 8 sell prompts on its long-term chart, and the technical studies are confirmed by the more than 26% short interbank.
And Euro/Yen also sees red models prevailing in all three time ranges, with 6 in the short-term, 5 in the mid-term and 8 in the long-term. The interbank is bearish as well at more than 16% short, and it supports the technical indicators.
You’ve been watching Tuesday’s Primary Daily Trading Signals with me, Monica Gibson. Stay tuned for the hourly updates.
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