It’s time for Wednesday’s Main Daily Trading Signals. Here’s how the technical studies compare with the interbank sentiment at 8 AM GMT. Euro/Dollar is overwhelmingly bullish on its 1 and 4-hour charts, but the 24-hour scale turns neutral with 4 models, and it is in line with the less than 14% long interbank stance. Pound/Dollar sees a mix of neutral and green signals on its hourly chart, and the mid and long-term scales turn bullish with 5 and 7 studies, respectively. In contrast, the interbank is neutral at less than 4% long. Next up is the Dollar/Yen with 5 neutral prompts on both its short and mid-term charts. The daily outlook is mostly bullish, but the interbank points in the other direction as it is bearish at more than 60% short. There’s green across the table for the Pound/Yen which sees 4 buy prompts in the short-term and 6 in both the mid and long-term, but they are not backed up by the interbank, which is neutral at less than 2% short. And Euro/Yen also sees bullish signals prevailing in all three time ranges, with 5 in both the short and long-term and 7 in the mid-term, but, in a very marked contrast, the interbank is bearish at no less than 57% short. You’ve been watching the Primary Daily Trading Signals for Wednesday with me, Jessica Walker. Stay tuned for the hourly updates.
It’s time for Wednesday’s Main Daily Trading Signals. Here’s how the technical studies compare with the interbank sentiment at 8 AM GMT.
Euro/Dollar is overwhelmingly bullish on its 1 and 4-hour charts, but the 24-hour scale turns neutral with 4 models, and it is in line with the less than 14% long interbank stance.
Pound/Dollar sees a mix of neutral and green signals on its hourly chart, and the mid and long-term scales turn bullish with 5 and 7 studies, respectively. In contrast, the interbank is neutral at less than 4% long.
Next up is the Dollar/Yen with 5 neutral prompts on both its short and mid-term charts. The daily outlook is mostly bullish, but the interbank points in the other direction as it is bearish at more than 60% short.
There’s green across the table for the Pound/Yen which sees 4 buy prompts in the short-term and 6 in both the mid and long-term, but they are not backed up by the interbank, which is neutral at less than 2% short.
And Euro/Yen also sees bullish signals prevailing in all three time ranges, with 5 in both the short and long-term and 7 in the mid-term, but, in a very marked contrast, the interbank is bearish at no less than 57% short.
You’ve been watching the Primary Daily Trading Signals for Wednesday with me, Jessica Walker. Stay tuned for the hourly updates.
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