It’s time for Monday’s Main Daily Trading Signals. Here’s how the interbank sentiment compares with the technical studies. All three time ranges bring different results for the Euro/Dollar, which is mostly bullish in the short-term and neutral in the mid-term. The daily outlook brings 6 sell prompts, but the interbank is neutral at less than 13% long, matching the 4-hour models. Next up is the Cable with 5 and 4 neutral models on its 1 and 4-hour charts, respectively. The 24-hour scale turns green with 5 studies. Neutral at less than 11% short, the interbank backs up the short and mid-term indicators. Dollar/Yen’s hourly chart is split between red and neutral signals. The mid-term scale is mostly neutral, and bullish indicators prevail on the daily chart. In contrast, the interbank is strongly bearish at more than 64% short. Things look similar for the Pound/Yen, as its hourly chart again sees a mix of red and neutral indicators. The mid-term scale brings 5 neutral indicators, and the long-term chart is mostly bullish. Neutral at less than 1% long, the interbank supports the 4-hour models. And last up is the Euro/Yen with 5 neutral models on its 1-hour chart. The 4-hour scale is mostly bullish, and the 24-hour chart is divided between neutral and green signals. As to the interbank, it is bearish at more than 23% short and does not confirm the technical models. That concludes the Primary Daily Trading Signals for Monday. Check back in throughout the day for the latest updates.
It’s time for Monday’s Main Daily Trading Signals. Here’s how the interbank sentiment compares with the technical studies.
All three time ranges bring different results for the Euro/Dollar, which is mostly bullish in the short-term and neutral in the mid-term. The daily outlook brings 6 sell prompts, but the interbank is neutral at less than 13% long, matching the 4-hour models.
Next up is the Cable with 5 and 4 neutral models on its 1 and 4-hour charts, respectively. The 24-hour scale turns green with 5 studies. Neutral at less than 11% short, the interbank backs up the short and mid-term indicators.
Dollar/Yen’s hourly chart is split between red and neutral signals. The mid-term scale is mostly neutral, and bullish indicators prevail on the daily chart. In contrast, the interbank is strongly bearish at more than 64% short.
Things look similar for the Pound/Yen, as its hourly chart again sees a mix of red and neutral indicators. The mid-term scale brings 5 neutral indicators, and the long-term chart is mostly bullish. Neutral at less than 1% long, the interbank supports the 4-hour models.
And last up is the Euro/Yen with 5 neutral models on its 1-hour chart. The 4-hour scale is mostly bullish, and the 24-hour chart is divided between neutral and green signals. As to the interbank, it is bearish at more than 23% short and does not confirm the technical models.
That concludes the Primary Daily Trading Signals for Monday. Check back in throughout the day for the latest updates.
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