24.08.2017 – Trading Signals by Dukascopy
August 24, 2017 8:56 amVideo
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These are the Main Daily Trading Signals for Thursday. Here’s how the interbank compares with the technicals at 8 AM GMT.
All three time ranges bring different results for the Euro/Dollar, which is mostly bearish in the short-term. The mid-term sees 6 neutral models, and the daily outlook turns green with 4 studies. Neutral at less than 15% long, the interbank confirms the mid-term studies.
Neutral models prevail on the Cable’s hourly chart. The 4-hour scale is slit between red and neutral studies, and the 24-hour chart brings 5 sell prompts, matching the more than 43% short interbank.
5 studies point North on Dollar/Yen’s short-term chart. The mid-term is mostly neutral, and the long-term turns red with 6 studies, in line with the interbank, which is strongly bearish at more than 37% short.
Things look similar for the Pound/Yen, as it also has 5 buy prompts in the short-term, 6 neutral signals in the mid-term and 6 red models in the long-term. The interbank is neutral at less than 7% short, and it supports the mid-term models.
And neutral signals prevail across the chart for the Euro/Yen, which has 4 neutral models in the short-term and 5 in both the mid and long-term, but, in contrast, the interbank is actually bullish at more than 26% long.
I’m Jessica Walker and these were the Primary Daily Trading Signals. You may track the latest developments with the hourly updates.
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