Hello, I’m Charlie Fooks and you’re watching the Primary Daily Trading Signals for Wednesday. Here’s how the technical studies line up with the interbank stance at 8 AM GMT. Euro/Dollar sees bullish signals prevailing in the short-term, and the mid-term sees an equal mix of red and neutral studies. The daily outlook brings 6 sell prompts, and it is in line with the more than 22% short interbank. 5 studies point North on the Cable’s hourly chart, and the 4-hour scale is mostly neutral. The 24-hour scale brings 5 bearish signals, matching the more than 33% short interbank sentiment. Dollar/Yen is split between bearish and neutral studies on its short-term chart, and the mid-term scale sees 4 neutral signals. The long-term chart is mostly bullish. Neutral at less than 5% short, the interbank supports the 4-hour models. Pound/Yen is overwhelmingly neutral in the short-term, and the mid-term brings 5 sell prompts. The daily chart is back to neutral. The interbank is neutral as well at 6% long, and it backs up the short and long-term studies. And things look similar for the Euro/Yen, which is also neutral in the short and long-term and bearish in the mid-term. Once again, the interbank sentiment is neutral at less than 7% long, supporting the 1 and 24-hour models. That concludes Wednesday’s Main Daily Trading Signals. Check back for the hourly updates.
Hello, I’m Charlie Fooks and you’re watching the Primary Daily Trading Signals for Wednesday. Here’s how the technical studies line up with the interbank stance at 8 AM GMT.
Euro/Dollar sees bullish signals prevailing in the short-term, and the mid-term sees an equal mix of red and neutral studies. The daily outlook brings 6 sell prompts, and it is in line with the more than 22% short interbank.
5 studies point North on the Cable’s hourly chart, and the 4-hour scale is mostly neutral. The 24-hour scale brings 5 bearish signals, matching the more than 33% short interbank sentiment.
Dollar/Yen is split between bearish and neutral studies on its short-term chart, and the mid-term scale sees 4 neutral signals. The long-term chart is mostly bullish. Neutral at less than 5% short, the interbank supports the 4-hour models.
Pound/Yen is overwhelmingly neutral in the short-term, and the mid-term brings 5 sell prompts. The daily chart is back to neutral. The interbank is neutral as well at 6% long, and it backs up the short and long-term studies.
And things look similar for the Euro/Yen, which is also neutral in the short and long-term and bearish in the mid-term. Once again, the interbank sentiment is neutral at less than 7% long, supporting the 1 and 24-hour models.
That concludes Wednesday’s Main Daily Trading Signals. Check back for the hourly updates.
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