These are the Main Daily Trading Signals for Monday. Here’s how the interbank compares with the technicals at 8 AM GMT. 4 studies point South on Euro/Dollar’s hourly chart, whereas the 4 and 24-hour scales see 4 neutral studies each, matching the less than 13% long interbank. Neutral signals prevail across the chart for the Cable, which has 6 neutral models in the short-term, 5 in the mid-term and 4 in the long-term, but, in contrast, the interbank is actually bullish at more than 18% long. Next up is the Dollar/Yen with 6 and 4 neutral signals on its 1 and 4-hour charts, respectively. The daily outlook is mostly bullish, but the interbank is neutral at less than 1% short, and it supports the short and mid-term studies. Pound/Yen sees 6 and 5 neutral models on its short and mid-term scales, respectively, while the long-term chart turns bullish with 4 models. Neutral at less than 7% long, the interbank confirms the 1 and 4-hour models. And all three time ranges bring different results for the Euro/Yen, which sees 5 sell prompts in the short-term and 4 neutral models in the mid-term. The long-term scale brings 4 bullish signals, in line with the more than 33% long interbank. I’m Jack Everitt and these were the Primary Daily Trading Signals. Stay tuned for the hourly updates.
These are the Main Daily Trading Signals for Monday. Here’s how the interbank compares with the technicals at 8 AM GMT.
4 studies point South on Euro/Dollar’s hourly chart, whereas the 4 and 24-hour scales see 4 neutral studies each, matching the less than 13% long interbank.
Neutral signals prevail across the chart for the Cable, which has 6 neutral models in the short-term, 5 in the mid-term and 4 in the long-term, but, in contrast, the interbank is actually bullish at more than 18% long.
Next up is the Dollar/Yen with 6 and 4 neutral signals on its 1 and 4-hour charts, respectively. The daily outlook is mostly bullish, but the interbank is neutral at less than 1% short, and it supports the short and mid-term studies.
Pound/Yen sees 6 and 5 neutral models on its short and mid-term scales, respectively, while the long-term chart turns bullish with 4 models. Neutral at less than 7% long, the interbank confirms the 1 and 4-hour models.
And all three time ranges bring different results for the Euro/Yen, which sees 5 sell prompts in the short-term and 4 neutral models in the mid-term. The long-term scale brings 4 bullish signals, in line with the more than 33% long interbank.
I’m Jack Everitt and these were the Primary Daily Trading Signals. Stay tuned for the hourly updates.
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