These are the Main Daily Trading Signals for Thursday. Here’s how the interbank compares with the technicals at 8 AM GMT. First up is the Euro/Dollar with 6 and 4 neutral signals on its short and mid-term charts, respectively. The daily outlook sees 6 sell prompts, but the interbank is neutral at less than 4% long, and it confirms the 1 and 4-hour models. Next up is the Cable with 5 neutral models in the short-term. The mid-term brings 5 sell prompts, and the long-term is back to neutral but, in contrast, the interbank is bullish at more than 16% long. Dollar/Yen sees 6 and 4 neutral signals on its 1 and 4-hour charts, respectively. The 24-hour scale is mostly bullish, and the interbank is neutral at less than 12% long, matching the short and mid-term models. Pound/Yen has 4 neutral models in the short-term, 6 neutral indicators in the mid-term and 4 bullish signals in the long-term. As to the interbank, it is neutral at less than 7% long, in line with the 1 and 4-hour studies. And Euro/Yen has neutral signals prevailing on its short-term chart. The mid-term is split between green and neutral models, and the long-term is back to neutral with 6 studies, but the technicals are not supported by the interbank, which instead is bullish at 36% long. I’m Jack Everitt and these were the Primary Daily Trading Signals. Stay tuned for the hourly updates.
These are the Main Daily Trading Signals for Thursday. Here’s how the interbank compares with the technicals at 8 AM GMT.
First up is the Euro/Dollar with 6 and 4 neutral signals on its short and mid-term charts, respectively. The daily outlook sees 6 sell prompts, but the interbank is neutral at less than 4% long, and it confirms the 1 and 4-hour models.
Next up is the Cable with 5 neutral models in the short-term. The mid-term brings 5 sell prompts, and the long-term is back to neutral but, in contrast, the interbank is bullish at more than 16% long.
Dollar/Yen sees 6 and 4 neutral signals on its 1 and 4-hour charts, respectively. The 24-hour scale is mostly bullish, and the interbank is neutral at less than 12% long, matching the short and mid-term models.
Pound/Yen has 4 neutral models in the short-term, 6 neutral indicators in the mid-term and 4 bullish signals in the long-term. As to the interbank, it is neutral at less than 7% long, in line with the 1 and 4-hour studies.
And Euro/Yen has neutral signals prevailing on its short-term chart. The mid-term is split between green and neutral models, and the long-term is back to neutral with 6 studies, but the technicals are not supported by the interbank, which instead is bullish at 36% long.
I’m Jack Everitt and these were the Primary Daily Trading Signals. Stay tuned for the hourly updates.
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