Hello, I’m Sinead MacLaughlin and it’s time for Tuesday’s Primary Daily Trading Signals. Let’s take a closer look at the technical studies and how they compare with the interbank stance at 8 AM GMT. All three time ranges bring different results for the Euro/Dollar, which is mostly green in the short-term and neutral in the mid-term. The long-term chart brings 4 bearish signals, and it is in line with the more than 18% short interbank. Pound/Dollar sees 4 sell prompts on its hourly chart, but the 4 and 24-hour scales turn neutral with 5 studies each, and they match the interbank stance, which is also neutral at less than 15% short. There’s red across the table for the Dollar/Yen, which has 5 sell prompts on its short-term chart, 6 in the mid-term and 4 in the long-term. In contrast, the interbank sentiment is bullish at more than 33% long. 5 studies point South on Pound/Yen’s hourly chart. The mid-term is divided between neutral and bearish studies, and the long-term scale turns green with 5 models. The interbank is neutral at less than 9% long and does not support the technical studies. And last up is the Euro/Yen with 6 red studies on both its short and mid-term charts. The daily outlook turns neutral with 4 models, and it is backed up by the less than 1% short interbank stance. That concludes the Main Daily Trading Signals for Tuesday. These stats are updated on an hourly basis, so check back.
Hello, I’m Sinead MacLaughlin and it’s time for Tuesday’s Primary Daily Trading Signals. Let’s take a closer look at the technical studies and how they compare with the interbank stance at 8 AM GMT.
All three time ranges bring different results for the Euro/Dollar, which is mostly green in the short-term and neutral in the mid-term. The long-term chart brings 4 bearish signals, and it is in line with the more than 18% short interbank.
Pound/Dollar sees 4 sell prompts on its hourly chart, but the 4 and 24-hour scales turn neutral with 5 studies each, and they match the interbank stance, which is also neutral at less than 15% short.
There’s red across the table for the Dollar/Yen, which has 5 sell prompts on its short-term chart, 6 in the mid-term and 4 in the long-term. In contrast, the interbank sentiment is bullish at more than 33% long.
5 studies point South on Pound/Yen’s hourly chart. The mid-term is divided between neutral and bearish studies, and the long-term scale turns green with 5 models. The interbank is neutral at less than 9% long and does not support the technical studies.
And last up is the Euro/Yen with 6 red studies on both its short and mid-term charts. The daily outlook turns neutral with 4 models, and it is backed up by the less than 1% short interbank stance.
That concludes the Main Daily Trading Signals for Tuesday. These stats are updated on an hourly basis, so check back.
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