Good morning traders, you’re watching the Dukascopy Primary Daily Trading Signals for Wednesday. Bullish signals prevail across the chart for the Euro/Dollar, which sees 5 buy prompts in the short-term, 6 in the mid-term and no less than 8 in the long-term, and they indeed are very much in line with the interbank, which stands at more than 31% long. 4 studies point South on the Cable’s hourly chart, whereas the 4 and 24-hour charts bring 4 bullish signals each, but the technicals are not supported by the interbank, which is neutral at less than 13% short. Next up is the Dollar/Yen with 6 neutral signals in the short-term and 6 green models in both the mid and long-term. As to the interbank, it is neutral at 2% short, matching the 1-hour studies. Pound/Yen sees 5 neutral indicators on its 1-hour chart. The mid and long-term scales are mostly bullish, but the interbank is neutral at less than 5% short, and it confirms the 1-hour models. And Euro/Yen’s hourly chart is split between green and neutral signals. The 4 and 24-hour charts turn overwhelmingly bullish with 6 and 8 studies, respectively, and they are backed up by the more than 26% long interbank stance. I’m Kiays Khalil and these were the Main Daily Trading Signals for Wednesday, but the latest data will be available on an hourly basis, so check back.
Good morning traders, you’re watching the Dukascopy Primary Daily Trading Signals for Wednesday.
Bullish signals prevail across the chart for the Euro/Dollar, which sees 5 buy prompts in the short-term, 6 in the mid-term and no less than 8 in the long-term, and they indeed are very much in line with the interbank, which stands at more than 31% long.
4 studies point South on the Cable’s hourly chart, whereas the 4 and 24-hour charts bring 4 bullish signals each, but the technicals are not supported by the interbank, which is neutral at less than 13% short.
Next up is the Dollar/Yen with 6 neutral signals in the short-term and 6 green models in both the mid and long-term. As to the interbank, it is neutral at 2% short, matching the 1-hour studies.
Pound/Yen sees 5 neutral indicators on its 1-hour chart. The mid and long-term scales are mostly bullish, but the interbank is neutral at less than 5% short, and it confirms the 1-hour models.
And Euro/Yen’s hourly chart is split between green and neutral signals. The 4 and 24-hour charts turn overwhelmingly bullish with 6 and 8 studies, respectively, and they are backed up by the more than 26% long interbank stance.
I’m Kiays Khalil and these were the Main Daily Trading Signals for Wednesday, but the latest data will be available on an hourly basis, so check back.
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