Good morning traders, let’s see how the interbank compares with the technicals at 8 AM GMT. First up is the Euro/Dollar with 6 and 8 buy prompts on its 1 and 4-hour charts, respectively, and the 24-hour scale sees a mix of green and neutral models. The interbank is bearish at 16% long, and it supports the short and mid-term studies. 4 studies point North on the Cable’s hourly chart, but the mid and long-term scales turn neutral with 4 studies each, and they are confirmed by the less than 2% short interbank sentiment. Dollar/Yen is overwhelmingly bullish in the short and mid-term. The long-term chart brings 4 neutral signals, but, in a notable contrast, the interbank is bearish at more than 36% short. Green models also prevail on Pound/Yen’s 1 and 4-hour charts. The 24-hour scale is divided between green and neutral signals, but the technicals are not in line with the interbank, which is neutral at less than 8% short. And Euro/Yen is yet another pair which has bullish signals dominating in the short and mid-term. The daily outlook sees 5 neutral models. As to the interbank, it is bearish at more than 15% short and does not match the technicals. I’m Celeste Skinner and these were the Main Daily Trading Signals for Tuesday. Stay tuned for the hourly updates.
Good morning traders, let’s see how the interbank compares with the technicals at 8 AM GMT.
First up is the Euro/Dollar with 6 and 8 buy prompts on its 1 and 4-hour charts, respectively, and the 24-hour scale sees a mix of green and neutral models. The interbank is bearish at 16% long, and it supports the short and mid-term studies.
4 studies point North on the Cable’s hourly chart, but the mid and long-term scales turn neutral with 4 studies each, and they are confirmed by the less than 2% short interbank sentiment.
Dollar/Yen is overwhelmingly bullish in the short and mid-term. The long-term chart brings 4 neutral signals, but, in a notable contrast, the interbank is bearish at more than 36% short.
Green models also prevail on Pound/Yen’s 1 and 4-hour charts. The 24-hour scale is divided between green and neutral signals, but the technicals are not in line with the interbank, which is neutral at less than 8% short.
And Euro/Yen is yet another pair which has bullish signals dominating in the short and mid-term. The daily outlook sees 5 neutral models. As to the interbank, it is bearish at more than 15% short and does not match the technicals.
I’m Celeste Skinner and these were the Main Daily Trading Signals for Tuesday. Stay tuned for the hourly updates.
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