I’m Sinead MacLaughlin with Thursday’s Main Daily Trading Signals. Here’s how the technical models line up with the interbank sentiment at 8 AM GMT.
Euro/Dollar has green signals dominating in all three time ranges with 4 in the short term, and 6 in both the mid term and long term scales. Neutral at less than 13% long, the interbank stance does not support the technical models.
The Cable has four green indicators in both the 1 and 4 hour scale and 6 in the 24 hour chart. Once again, the interbank stance does not confirm the technical models being neutral at less than 12% long.
Next up is the Dollar/Yen which has 6 neutral indicators in the short term and 4 in the mid term. The daily chart is split between 4 neutral and 4 sell prompts. In contrast, the interbank is bearish at more that 54% short.
Pound/Yen sees 4 neutral signals on it’s 1 hour scale. The mid term chart is split with 4 green and 4 neutral indicators. The daily chart turns bullish with 7 buy prompts. Neutral at less than 1 percent short, the interbank supports the short term scale.
And last up is Euro/Yen which has bullish indicators prevailing in all three time ranges with 4 in the short term, 6 in the mid term and 7 in the long term chart. Neutral at less than 9 percent short, the interbank contradicts the technical models.
You’ve been watching the Primary Daily Trading Signals for Thursday. These stats will be updated throughout the day so please do keep clicking back.

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