You’re watching the Primary Daily Trading Signals for Thursday. Here’s how the interbank compares with the technicals at 8 AM GMT. Neutral signals prevail on Euro/Dollar’s hourly chart, but the 4 and 24-hour scales turn strongly bullish with 4 and 8 studies, respectively, and they are very much in line with the more than 48% interbank. Things look very similar for the Cable as it too has 5 neutral signals in the short-term. The mid and long-term scales bring 4 and 8 bullish signals, respectively, matching the more than 15% long interbank. Next up is the Dollar/Yen with 5 neutral signals in the short-term. The mid and long-term charts turn bearish with 5 and 7 studies, respectively, and, once again, they are confirmed by the more than 26% short interbank. It looks like there’s a pattern forming, as Pound/Yen has neutral models prevailing in the short-term and bullish signals dominating in the mid and long-term and, sure enough, the interbank is bullish at 28% long and supports the 4 and 24-hour studies. And, for a change, Euro/Yen has neutral models prevailing in all three time ranges, with 6 in both the short and long-term and 4 in the mid-term, but, in contrast, the interbank is bullish at more than 30% long. These were the Main Daily Trading Signals with me, Kiays Khalil. There’s plenty of upcoming events in the forex markets today, so stay with us.
You’re watching the Primary Daily Trading Signals for Thursday. Here’s how the interbank compares with the technicals at 8 AM GMT.
Neutral signals prevail on Euro/Dollar’s hourly chart, but the 4 and 24-hour scales turn strongly bullish with 4 and 8 studies, respectively, and they are very much in line with the more than 48% interbank.
Things look very similar for the Cable as it too has 5 neutral signals in the short-term. The mid and long-term scales bring 4 and 8 bullish signals, respectively, matching the more than 15% long interbank.
Next up is the Dollar/Yen with 5 neutral signals in the short-term. The mid and long-term charts turn bearish with 5 and 7 studies, respectively, and, once again, they are confirmed by the more than 26% short interbank.
It looks like there’s a pattern forming, as Pound/Yen has neutral models prevailing in the short-term and bullish signals dominating in the mid and long-term and, sure enough, the interbank is bullish at 28% long and supports the 4 and 24-hour studies.
And, for a change, Euro/Yen has neutral models prevailing in all three time ranges, with 6 in both the short and long-term and 4 in the mid-term, but, in contrast, the interbank is bullish at more than 30% long.
These were the Main Daily Trading Signals with me, Kiays Khalil. There’s plenty of upcoming events in the forex markets today, so stay with us.
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