You’re watching another edition of the Main Daily Trading Signals. I’m Sinead MacLaughlin with a closer look at the technical models and how they line up with the interbank stance at 8 AM GMT. There’s red across the table for the Euro/Dollar, which sees 5 sell prompts in the short-term, 7 in the mid-term and 6 in the long-term, and, indeed, the technical studies do match the more than 24% short interbank. The Cable is divided between neutral and bullish signals on its hourly chart, and the 4-hour scale sees 6 red indicators. The 24-hour chart turns neutral with 6 studies, and it is supported by the less than 14% short interbank sentiment. Dollar/Yen is overwhelmingly bullish across the table, with 6 green indicators on its short-term chart and 7 on both the mid and long-term scales, and the technical studies are in line with the interbank, which is strongly bullish at more than 33% long. Next up is the Pound/Yen with 5 and 4 neutral signals on its short and mid-term scales, respectively. The daily outlook sees an equal mix of neutral and bullish prompts. Neutral at less than 14% long, the interbank stance backs up the 1 and 4-hour studies. And Euro/Yen has red indicators prevailing on its short and mid-term charts. The long-term chart turns green with 4 models. In contrast, the interbank sentiment is neutral at less than 2% long. That concludes the Primary Daily Trading Signals for Thursday. Check back in throughout the day for the latest updates.
You’re watching another edition of the Main Daily Trading Signals. I’m Sinead MacLaughlin with a closer look at the technical models and how they line up with the interbank stance at 8 AM GMT.
There’s red across the table for the Euro/Dollar, which sees 5 sell prompts in the short-term, 7 in the mid-term and 6 in the long-term, and, indeed, the technical studies do match the more than 24% short interbank.
The Cable is divided between neutral and bullish signals on its hourly chart, and the 4-hour scale sees 6 red indicators. The 24-hour chart turns neutral with 6 studies, and it is supported by the less than 14% short interbank sentiment.
Dollar/Yen is overwhelmingly bullish across the table, with 6 green indicators on its short-term chart and 7 on both the mid and long-term scales, and the technical studies are in line with the interbank, which is strongly bullish at more than 33% long.
Next up is the Pound/Yen with 5 and 4 neutral signals on its short and mid-term scales, respectively. The daily outlook sees an equal mix of neutral and bullish prompts. Neutral at less than 14% long, the interbank stance backs up the 1 and 4-hour studies.
And Euro/Yen has red indicators prevailing on its short and mid-term charts. The long-term chart turns green with 4 models. In contrast, the interbank sentiment is neutral at less than 2% long.
That concludes the Primary Daily Trading Signals for Thursday. Check back in throughout the day for the latest updates.
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