It’s time for another edition of the Primary Daily Trading Signals. I’m Doireann McDermott with a closer look at the technical studies and how they compare with the interbank stance at 8 AM GMT. First up is the Euro/Dollar with 5 green signals on both its 1 and 4-hour charts. The 24-hour scale brings 6 neutral indicators, matching the less than 2% short interbank sentiment. Pound/Dollar is mostly neutral on its short and long-term scales, and the mid-term chart is split between neutral and bullish studies. In contrast, the interbank is bearish at more than 24% short. Dollar/Yen sees 4 and 5 neutral signals in the short and mid-term, respectively. The long-term turns green with 4 indicators, and it is backed up by the more than 19% long interbank stance. Pound/Yen also has neutral signals prevailing on its 1 and 4-hour charts. The daily outlook brings 5 buy prompts. Neutral at less than 1% short, the interbank sentiment supports the short and mid-term studies. And 4 studies point North on Euro/Yen’s hourly chart. Mid-term brings 4 neutral signals, and the long-term is back to bullish. Neutral at less than 4% short, the interbank is in line with the 4-hour models. That’s all for Tuesday’s Main Daily Trading Signals, but these stats are updated on an hourly basis, so check back.
It’s time for another edition of the Primary Daily Trading Signals. I’m Doireann McDermott with a closer look at the technical studies and how they compare with the interbank stance at 8 AM GMT.
First up is the Euro/Dollar with 5 green signals on both its 1 and 4-hour charts. The 24-hour scale brings 6 neutral indicators, matching the less than 2% short interbank sentiment.
Pound/Dollar is mostly neutral on its short and long-term scales, and the mid-term chart is split between neutral and bullish studies. In contrast, the interbank is bearish at more than 24% short.
Dollar/Yen sees 4 and 5 neutral signals in the short and mid-term, respectively. The long-term turns green with 4 indicators, and it is backed up by the more than 19% long interbank stance.
Pound/Yen also has neutral signals prevailing on its 1 and 4-hour charts. The daily outlook brings 5 buy prompts. Neutral at less than 1% short, the interbank sentiment supports the short and mid-term studies.
And 4 studies point North on Euro/Yen’s hourly chart. Mid-term brings 4 neutral signals, and the long-term is back to bullish. Neutral at less than 4% short, the interbank is in line with the 4-hour models.
That’s all for Tuesday’s Main Daily Trading Signals, but these stats are updated on an hourly basis, so check back.
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