Hello, I’m Sinead MacLaughlin and you’re watching the Primary Daily Trading Signals for Wednesday. Let’s see how the interbank sentiment compares with the technical indicators at 8 AM GMT. There’s green across the table for the Euro/Dollar, which sees 4 buy prompts in the short-term, 5 in the mid-term and 7 in the long-term, but the technical studies are not quite in line with the interbank, which is neutral at less than 15% long. Next up is the Cable, which is overwhelmingly bullish in all three time ranges, but, once again, the technical indicators are not backed up by the interbank sentiment, which is neutral at slightly less than 13% long. Dollar/Yen’s hourly chart is split between green and neutral models. The 4-hour scale is mostly neutral, and the 24-hour chart turns red with 6 studies, matching the more than 57% short interbank sentiment. Green signals prevail across the table for the Pound/Yen, which sees 7 buy prompts on both its short and mid-term scales and 6 on the daily chart, but the interbank is neutral at less than 4% short and does not support the technical models. And Euro/Yen is yet another instrument with bullish signals dominating across all three time ranges, but, in stark contrast, the actual interbank sentiment is bearish at more than 15% short. That’s all for Wednesday’s Main Daily Trading Signals. Check back in for the latest updates.
Hello, I’m Sinead MacLaughlin and you’re watching the Primary Daily Trading Signals for Wednesday. Let’s see how the interbank sentiment compares with the technical indicators at 8 AM GMT.
There’s green across the table for the Euro/Dollar, which sees 4 buy prompts in the short-term, 5 in the mid-term and 7 in the long-term, but the technical studies are not quite in line with the interbank, which is neutral at less than 15% long.
Next up is the Cable, which is overwhelmingly bullish in all three time ranges, but, once again, the technical indicators are not backed up by the interbank sentiment, which is neutral at slightly less than 13% long.
Dollar/Yen’s hourly chart is split between green and neutral models. The 4-hour scale is mostly neutral, and the 24-hour chart turns red with 6 studies, matching the more than 57% short interbank sentiment.
Green signals prevail across the table for the Pound/Yen, which sees 7 buy prompts on both its short and mid-term scales and 6 on the daily chart, but the interbank is neutral at less than 4% short and does not support the technical models.
And Euro/Yen is yet another instrument with bullish signals dominating across all three time ranges, but, in stark contrast, the actual interbank sentiment is bearish at more than 15% short.
That’s all for Wednesday’s Main Daily Trading Signals. Check back in for the latest updates.
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