You’re watching Wednesday’s Main Daily Trading Signals. I’m Doireann McDermott and here’s how the technical studies compare with the interbank stance at 8 AM GMT. Euro/Dollar has bullish signals prevailing on its hourly chart, but the mid and long-term scales turn neutral with 4 studies each, and they are backed up by the less than 2% long interbank sentiment. The Cable has green indicators prevailing across all three time ranges, with 7 on both its 1 and 4-hour charts and 5 on the 24-hour scale. In contrast, the interbank is neutral at less than 3% long. Dollar/Yen is mostly neutral in the short-term. The mid-term turns red with 4 studies, and the daily chart is back to neutral. Bearish at more than 18% short, the interbank supports the mid-term models. There’s green across the table for the Pound/Yen, which sees 8 buy prompts in the short-term, 4 in the mid-term and 5 in the long-term, but the technical studies do not match the less than 3% long interbank. And Euro/Yen’s hourly chart is overwhelmingly bullish, but the mid and long-term scales bring 5 neutral indicators each, and they are confirmed by the less than 9% long interbank sentiment. That’s all for Wednesday’s Primary Daily Trading Signals. Stay tuned for the hourly updates.
You’re watching Wednesday’s Main Daily Trading Signals. I’m Doireann McDermott and here’s how the technical studies compare with the interbank stance at 8 AM GMT.
Euro/Dollar has bullish signals prevailing on its hourly chart, but the mid and long-term scales turn neutral with 4 studies each, and they are backed up by the less than 2% long interbank sentiment.
The Cable has green indicators prevailing across all three time ranges, with 7 on both its 1 and 4-hour charts and 5 on the 24-hour scale. In contrast, the interbank is neutral at less than 3% long.
Dollar/Yen is mostly neutral in the short-term. The mid-term turns red with 4 studies, and the daily chart is back to neutral. Bearish at more than 18% short, the interbank supports the mid-term models.
There’s green across the table for the Pound/Yen, which sees 8 buy prompts in the short-term, 4 in the mid-term and 5 in the long-term, but the technical studies do not match the less than 3% long interbank.
And Euro/Yen’s hourly chart is overwhelmingly bullish, but the mid and long-term scales bring 5 neutral indicators each, and they are confirmed by the less than 9% long interbank sentiment.
That’s all for Wednesday’s Primary Daily Trading Signals. Stay tuned for the hourly updates.
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