You’re watching the Main Daily Trading Signals for Wednesday. I’m Sinead MacLaughlin and here’s how the technical models compare with the interbank sentiment at 8 AM GMT. The first pair for this report is the Euro/Dollar, which sees 4 and 5 neutral signals on its 1 and 4-hour charts, respectively. The 24-hour chart brings 6 red signals, and it is in line with the more than 18% short interbank. The Cable has neutral signals prevailing on its short and mid-term charts, and the daily outlook turns green with 5 studies. Neutral at less than 13% short, the interbank sentiment matches the 1 and 4-hour studies. 5 studies point South on Dollar/Yen’s hourly chart, and the mid and long-term scales see 4 and 5 neutral signals, respectively. In contrast, the interbank stance is bullish at more than 33% long. Things look similar for the Pound/Yen, which is also mostly bearish in the short term and has neutral signals prevailing on its mid and long-term charts. The interbank is neutral at less than 11% long and supports the mid and long-term studies. And Euro/Yen is another Yen pair which sees red signals prevailing on its short-term chart. Neutral signals dominate on the mid and long-term charts, and they are in line with the less than 2% short interbank sentiment. That’s all for today’s Primary Daily Trading Signals. Stay tuned for the hourly updates.
You’re watching the Main Daily Trading Signals for Wednesday. I’m Sinead MacLaughlin and here’s how the technical models compare with the interbank sentiment at 8 AM GMT.
The first pair for this report is the Euro/Dollar, which sees 4 and 5 neutral signals on its 1 and 4-hour charts, respectively. The 24-hour chart brings 6 red signals, and it is in line with the more than 18% short interbank.
The Cable has neutral signals prevailing on its short and mid-term charts, and the daily outlook turns green with 5 studies. Neutral at less than 13% short, the interbank sentiment matches the 1 and 4-hour studies.
5 studies point South on Dollar/Yen’s hourly chart, and the mid and long-term scales see 4 and 5 neutral signals, respectively. In contrast, the interbank stance is bullish at more than 33% long.
Things look similar for the Pound/Yen, which is also mostly bearish in the short term and has neutral signals prevailing on its mid and long-term charts. The interbank is neutral at less than 11% long and supports the mid and long-term studies.
And Euro/Yen is another Yen pair which sees red signals prevailing on its short-term chart. Neutral signals dominate on the mid and long-term charts, and they are in line with the less than 2% short interbank sentiment.
That’s all for today’s Primary Daily Trading Signals. Stay tuned for the hourly updates.
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