These are the Main Daily Trading Signals for Wednesday. Here’s how the technicals compare with the interbank at 8 AM GMT. The first pair for this report is the Euro/Dollar, which sees 6 and 4 bearish signals on its short and mid-term charts, respectively. The long-term scale brings 4 green studies, in line with the more than 18% long interbank. Neutral signals prevail across the table for the Pound/Dollar, with 5 in both the short and mid-term and 6 in the long-term, and they indeed are supported by the interbank, which is neutral at less than 4% long. Dollar/Yen has bullish models dominating in the short and mid-term, while the daily outlook turns neutral with 5 studies, and it is confirmed by the less than 9% long interbank. Next up is the Pound/Yen with 6 buy prompts on both its 1 and 4-hour charts. The 24-hour scale turns neutral with 5 studies, and, once again, it is backed up by the interbank, which is neutral at less than 2% long. And Euro/Yen’s hourly chart is split between green and neutral signals, whereas the mid and long-term scales turn bullish with 4 and 7 studies each. As to the interbank, it’s also bullish at more than 23% long, and it matches the 4 and 24-hour studies. These were the Primary Daily Trading Signals with me, Jack Everitt. Stay tuned for the hourly updates.
These are the Main Daily Trading Signals for Wednesday. Here’s how the technicals compare with the interbank at 8 AM GMT.
The first pair for this report is the Euro/Dollar, which sees 6 and 4 bearish signals on its short and mid-term charts, respectively. The long-term scale brings 4 green studies, in line with the more than 18% long interbank.
Neutral signals prevail across the table for the Pound/Dollar, with 5 in both the short and mid-term and 6 in the long-term, and they indeed are supported by the interbank, which is neutral at less than 4% long.
Dollar/Yen has bullish models dominating in the short and mid-term, while the daily outlook turns neutral with 5 studies, and it is confirmed by the less than 9% long interbank.
Next up is the Pound/Yen with 6 buy prompts on both its 1 and 4-hour charts. The 24-hour scale turns neutral with 5 studies, and, once again, it is backed up by the interbank, which is neutral at less than 2% long.
And Euro/Yen’s hourly chart is split between green and neutral signals, whereas the mid and long-term scales turn bullish with 4 and 7 studies each. As to the interbank, it’s also bullish at more than 23% long, and it matches the 4 and 24-hour studies.
These were the Primary Daily Trading Signals with me, Jack Everitt. Stay tuned for the hourly updates.
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