Hello, I’m Sinead MacLaughlin with the Primary Daily Trading Signals for Wednesday. Here’s how the interbank stance compares with the technical studies at 8 AM GMT. First up is the Euro/Dollar with 4 neutral indicators on both its 1 and 4-hour charts. The 24-hour scale is mostly bearish, but the interbank is neutral at less than 1% long, and it matches the short and mid-term studies. 4 studies predict no major price changes on Pound/Dollar’s hourly chart, and bearish indicators prevail on the mid and long-term scales. Neutral at less than 10% short, the interbank confirms the short-term models. Dollar/Yen’s short-term chart sees a mix of green and neutral models, but the mid and long-term scales turn neutral with 5 studies each, and they are in line with the less than 8% long interbank sentiment. Pound/Yen is mostly neutral in the short-term, and the mid-term is split between neutral and red indicators. The daily outlook is back to neutral but, in contrast, the interbank is bearish at more than 34% short. And the last pair for this report is the Euro/Yen with 4 neutral indicators on its 1 and 4-hour charts. The 24-hour scale is mostly bearish. The interbank is neutral at less than 1% short, backing up the short and mid-term models. That’s all for Wednesday’s Main Daily Trading Signals. Check back throughout the day for the latest updates.
Hello, I’m Sinead MacLaughlin with the Primary Daily Trading Signals for Wednesday. Here’s how the interbank stance compares with the technical studies at 8 AM GMT.
First up is the Euro/Dollar with 4 neutral indicators on both its 1 and 4-hour charts. The 24-hour scale is mostly bearish, but the interbank is neutral at less than 1% long, and it matches the short and mid-term studies.
4 studies predict no major price changes on Pound/Dollar’s hourly chart, and bearish indicators prevail on the mid and long-term scales. Neutral at less than 10% short, the interbank confirms the short-term models.
Dollar/Yen’s short-term chart sees a mix of green and neutral models, but the mid and long-term scales turn neutral with 5 studies each, and they are in line with the less than 8% long interbank sentiment.
Pound/Yen is mostly neutral in the short-term, and the mid-term is split between neutral and red indicators. The daily outlook is back to neutral but, in contrast, the interbank is bearish at more than 34% short.
And the last pair for this report is the Euro/Yen with 4 neutral indicators on its 1 and 4-hour charts. The 24-hour scale is mostly bearish. The interbank is neutral at less than 1% short, backing up the short and mid-term models.
That’s all for Wednesday’s Main Daily Trading Signals. Check back throughout the day for the latest updates.
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