These are the Main Daily Trading Signals for Friday. Here’s how the technicals compare with the interbank at 8 AM GMT. 5 studies point North on Euro/Dollar’s hourly chart. The mid-term is mostly neutral, but the daily outlook is back to bullish. The interbank is bullish as well at more than 18% long, matching the 1 and 24-hour studies. Next up is the Cable with 4 neutral models in both the short and mid-term. The long-term scale turns bullish with 5 studies, but the interbank points in the other direction, as it’s bearish at more than 22% short. Dollar/Yen sees 5 neutral models on its 1-hour scale, whereas the 4 and 24-hour charts are both split between red and neutral studies. Neutral at less than 6% long, the interbank confirms the 1-hour technicals. Pound/Yen is mostly neutral in the short-term. The mid-term brings 4 sell prompts, and the long-term is back to neutral, but the technicals are not backed up by the interbank, which is bullish at more than 23% long. And neutral signals prevail across the chart for the Euro/Yen, which sees 5 neutral models in both the short and mid-term and 4 in the long-term. The interbank is also neutral at less than 15% long, in line with the technicals. I’m Kiays Khalil and these were the Primary Daily Trading Signals. Stay tuned for our ongoing coverage of the forex markets.
These are the Main Daily Trading Signals for Friday. Here’s how the technicals compare with the interbank at 8 AM GMT.
5 studies point North on Euro/Dollar’s hourly chart. The mid-term is mostly neutral, but the daily outlook is back to bullish. The interbank is bullish as well at more than 18% long, matching the 1 and 24-hour studies.
Next up is the Cable with 4 neutral models in both the short and mid-term. The long-term scale turns bullish with 5 studies, but the interbank points in the other direction, as it’s bearish at more than 22% short.
Dollar/Yen sees 5 neutral models on its 1-hour scale, whereas the 4 and 24-hour charts are both split between red and neutral studies. Neutral at less than 6% long, the interbank confirms the 1-hour technicals.
Pound/Yen is mostly neutral in the short-term. The mid-term brings 4 sell prompts, and the long-term is back to neutral, but the technicals are not backed up by the interbank, which is bullish at more than 23% long.
And neutral signals prevail across the chart for the Euro/Yen, which sees 5 neutral models in both the short and mid-term and 4 in the long-term. The interbank is also neutral at less than 15% long, in line with the technicals.
I’m Kiays Khalil and these were the Primary Daily Trading Signals. Stay tuned for our ongoing coverage of the forex markets.
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