These are the Main Daily Trading Signals for Thursday. Here’s how the interbank compares with the technicals at 8 AM GMT. Euro/Dollar’s table is a sea of green, as all 8 studies point North in the short and long-term and Aroon is the only bearish indicator in the mid-term and, indeed, the technicals are very much confirmed by the more than 28% long interbank. The Cable also has bullish signals dominating across the chart, with 4 buy prompts in the short-term and 6 in both the mid and long-term but, in a very marked contrast, the interbank is actually bearish at 18% short. Dollar/Yen follows a similar pattern, as it sees 4 green models in the short-term, 6 buy prompts in the mid-term and no less than 7 bullish signals in the long-term, but they are not quite in line with the interbank, which is neutral at 11% long. Pound/Yen is yet another instrument with bullish models dominating across the table, as it sees exactly 7 buy prompts on its 1, 4 and 24 hour charts. As to the interbank, it is neutral at less than 8% long and does not support the technicals. And this may seem repetitive, but Euro/Yen again is overwhelmingly bullish in all three time ranges, with 8 green models in both the short and mid-term and 7 in the long-term. The interbank is bullish as well at more than 39% long, matching the technicals. These were the Primary Daily Trading Signals for Thursday with me, Jack Everitt. Check back in throughout the day for the latest updates.
These are the Main Daily Trading Signals for Thursday. Here’s how the interbank compares with the technicals at 8 AM GMT.
Euro/Dollar’s table is a sea of green, as all 8 studies point North in the short and long-term and Aroon is the only bearish indicator in the mid-term and, indeed, the technicals are very much confirmed by the more than 28% long interbank.
The Cable also has bullish signals dominating across the chart, with 4 buy prompts in the short-term and 6 in both the mid and long-term but, in a very marked contrast, the interbank is actually bearish at 18% short.
Dollar/Yen follows a similar pattern, as it sees 4 green models in the short-term, 6 buy prompts in the mid-term and no less than 7 bullish signals in the long-term, but they are not quite in line with the interbank, which is neutral at 11% long.
Pound/Yen is yet another instrument with bullish models dominating across the table, as it sees exactly 7 buy prompts on its 1, 4 and 24 hour charts. As to the interbank, it is neutral at less than 8% long and does not support the technicals.
And this may seem repetitive, but Euro/Yen again is overwhelmingly bullish in all three time ranges, with 8 green models in both the short and mid-term and 7 in the long-term. The interbank is bullish as well at more than 39% long, matching the technicals.
These were the Primary Daily Trading Signals for Thursday with me, Jack Everitt. Check back in throughout the day for the latest updates.
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