25.08.2016 – Trading Signals by Dukascopy
August 25, 2016 9:18 amVideo
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You’re watching the Main Daily Trading Signals for Thursday. Here’s how the technicals compare with the interbank at 8 AM GMT.
5 studies point North on Euro/Dollar’s hourly chart, whereas neutral models prevail on the 4 and 24-hour scales. The interbank is bullish at more than 22% long, and it supports the short-term studies.
All three time ranges bring different results for the Cable, which is mostly bearish in the short-term. The mid-term brings 6 neutral models, and the daily outlook is overwhelmingly bullish. Neutral at less than 13% long, the interbank confirms the 4-hour studies.
Dollar/Yen sees exactly 5 neutral indicators on its short, mid and long-term charts, but the technicals are not backed up by the interbank sentiment, which is strongly bearish at more than 37% short.
Next up is the Pound/Yen with 4 sell prompts on its 1-hour chart. The 4-hour scale brings 6 neutral models, and the 24-hour chart turns green with 5 studies. Bearish at more than 33% short, the interbank matches the 1-hour models.
And neutral signals prevail across the table for the Euro/Yen, which sees 5 neutral models in the short-term, 4 in the mid-term and 6 in the long-term but, in contrast, the interbank is strongly bearish at more than 32% short.
I’m Sam Meredith and you’ve been watching the Primary Daily Trading Signals for Thursday. We’ll be providing you with the latest updates throughout the day, so check back.
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