These are the Main Daily Trading Signals for Monday. Here’s how the technicals compare with the interbank at 8 AM GMT. Euro/Dollar sees 4 bearish signals in the short-term. The mid-term is split between red and neutral models, and the daily outlook sees 4 buy prompts, matching the more than 39% long interbank. Bearish models prevail on the Cable’s short and mid-term charts. The 24-hour scale turns neutral with 4 models, and it is supported by the 5% long interbank sentiment. All three time ranges bring different results for the Dollar/Yen, which sees 5 buy prompts on its hourly chart and 5 neutral signals on its 4-hour scale. The 24-hour chart brings no less than 7 sell prompts, in line with the more than 29% short interbank. Pound/Yen has neutral models prevailing in all three time ranges, with 4 neutral signals in both the short and mid-term and 6 in the long-term, but, in contrast, the interbank is bullish at more than 35% long. And 5 studies point North on Euro/Yen’s hourly chart. The 4 and 24-hour scales see 5 neutral models each, but the interbank is bullish at more than 40% long, backing up the 1-hour models. You’ve been watching Monday’s Daily Trading Signals with me, Kiays Khalil. The Dukascopy TV team will cover the latest movements in the forex markets throughout the day, so stay tuned.
These are the Main Daily Trading Signals for Monday. Here’s how the technicals compare with the interbank at 8 AM GMT.
Euro/Dollar sees 4 bearish signals in the short-term. The mid-term is split between red and neutral models, and the daily outlook sees 4 buy prompts, matching the more than 39% long interbank.
Bearish models prevail on the Cable’s short and mid-term charts. The 24-hour scale turns neutral with 4 models, and it is supported by the 5% long interbank sentiment.
All three time ranges bring different results for the Dollar/Yen, which sees 5 buy prompts on its hourly chart and 5 neutral signals on its 4-hour scale. The 24-hour chart brings no less than 7 sell prompts, in line with the more than 29% short interbank.
Pound/Yen has neutral models prevailing in all three time ranges, with 4 neutral signals in both the short and mid-term and 6 in the long-term, but, in contrast, the interbank is bullish at more than 35% long.
And 5 studies point North on Euro/Yen’s hourly chart. The 4 and 24-hour scales see 5 neutral models each, but the interbank is bullish at more than 40% long, backing up the 1-hour models.
You’ve been watching Monday’s Daily Trading Signals with me, Kiays Khalil. The Dukascopy TV team will cover the latest movements in the forex markets throughout the day, so stay tuned.
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