Find out how the interbank compares with the technicals at 8 AM GMT by watching the Dukascopy Daily Trading Signals.
Euro/Dollar’s technicals are mostly neutral in the hourly scale, but both the mid and long term models are mostly red, which is backed up by the 25% short interbank sentiment.
Pound/Dollar has red across all three time ranges. 5 models are pointing South in the short term, 7 in the mid term and 6 in the daily range. Interbank stance is bearish as well at 29% short.
Dollar/Yen’s short and long term models are mostly neutral, but mid-term outlook is bullish. Interbank sentiment is neutral, just like the short and long term signals.
Pound/Yen’s hourly models bring an equal number of 4 sell and 4 neutral signals. Mid and long term models are mostly pointing South, but interbank exposure is neutral.
Euro/Yen’s short term models show mixed results, but mid and long term technicals are mostly predicting bearish rate movement. The close to 30% long interbank points in a different direction.
I’m Jack Everitt and these were the Daily Trading Signals for Thursday. Bye for now.

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