These are the Main Daily Trading Signals for Tuesday. Here’s how the interbank compares with the technicals at 8 AM GMT. Neutral models prevail on Euro/Dollar’s hourly chart. The 4-hour scale brings 4 sell prompts, and the 24-hour chart is back to neutral with 4 models. In contrast, the interbank is bullish at more than 17% long. Pound/Dollar has neutral models dominating in all three time ranges, with 4 in both the short and mid-term and 6 in the long-term, but the technicals are not confirmed by the interbank, which is bearish at more than 18% short. There’s green across the table for the Dollar/Yen, which sees 5 buy prompts on both its short and long-term charts and 4 bullish signals on its mid-term scale, and they indeed are in line with the more than 20% long interbank. Next up is the Pound/Yen with 5 neutral signals in the short-term. The mid-term is split between green and neutral models, and the daily outlook is mostly bullish. Neutral at less than 7% long, the interbank matches the short-term studies. And 6 studies point North on Euro/Yen’s hourly chart. The 4 and 24-hour scales turn neutral with 6 and 5 models, respectively, but the interbank is bullish at more than 26% long, supporting the 1-hour technicals. I’m Jessica Walker and these were the Primary Daily Trading Signals. Stay with us for the latest in the forex markets.
These are the Main Daily Trading Signals for Tuesday. Here’s how the interbank compares with the technicals at 8 AM GMT.
Neutral models prevail on Euro/Dollar’s hourly chart. The 4-hour scale brings 4 sell prompts, and the 24-hour chart is back to neutral with 4 models. In contrast, the interbank is bullish at more than 17% long.
Pound/Dollar has neutral models dominating in all three time ranges, with 4 in both the short and mid-term and 6 in the long-term, but the technicals are not confirmed by the interbank, which is bearish at more than 18% short.
There’s green across the table for the Dollar/Yen, which sees 5 buy prompts on both its short and long-term charts and 4 bullish signals on its mid-term scale, and they indeed are in line with the more than 20% long interbank.
Next up is the Pound/Yen with 5 neutral signals in the short-term. The mid-term is split between green and neutral models, and the daily outlook is mostly bullish. Neutral at less than 7% long, the interbank matches the short-term studies.
And 6 studies point North on Euro/Yen’s hourly chart. The 4 and 24-hour scales turn neutral with 6 and 5 models, respectively, but the interbank is bullish at more than 26% long, supporting the 1-hour technicals.
I’m Jessica Walker and these were the Primary Daily Trading Signals. Stay with us for the latest in the forex markets.
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