It’s 8 AM GMT this Tuesday, and it’s time for the Main Daily Trading Signals. I’m Imogen Comrie with a closer look at the technical studies and how they line up with the interbank sentiment. 4 studies point South on Euro/Dollar’s hourly chart, and the 4-hour scale sees a mix of red and neutral indicators. The 24-hour scale is back to bearish with 5 signals. The interbank is bearish as well at more than 19% short, matching the short and long-term studies. Next up is the Cable, which sees neutral signals prevailing across the table, with 4 on both the short and long-term charts and 6 in the mid-term, but the technical studies are not supported by the interbank, which is bearish at more than 16% short. Dollar/Yen sees 5 neutral signals on both its short and mid-term charts. The daily outlook turns green with 5 indicators, and it is in line with the interbank sentiment, which is strongly bullish at more than 41% long. There’s green across the table for the Pound/Yen, which sees 6 buy prompts on its 1-hour chart, 5 on the 4-hour scale and 4 on the 24-hour chart. In contrast, the interbank stance is neutral at less than 9% long. And last up is the Euro/Yen with 5 neutral signals in both the short and mid-term. The daily chart brings 4 neutral studies. The interbank is neutral as well at less than 6% short, and it backs up the technical indicators. You’ve been watching the Primary Daily Trading Signals for Tuesday. Stay tuned for the hourly updates.
It’s 8 AM GMT this Tuesday, and it’s time for the Main Daily Trading Signals. I’m Imogen Comrie with a closer look at the technical studies and how they line up with the interbank sentiment.
4 studies point South on Euro/Dollar’s hourly chart, and the 4-hour scale sees a mix of red and neutral indicators. The 24-hour scale is back to bearish with 5 signals. The interbank is bearish as well at more than 19% short, matching the short and long-term studies.
Next up is the Cable, which sees neutral signals prevailing across the table, with 4 on both the short and long-term charts and 6 in the mid-term, but the technical studies are not supported by the interbank, which is bearish at more than 16% short.
Dollar/Yen sees 5 neutral signals on both its short and mid-term charts. The daily outlook turns green with 5 indicators, and it is in line with the interbank sentiment, which is strongly bullish at more than 41% long.
There’s green across the table for the Pound/Yen, which sees 6 buy prompts on its 1-hour chart, 5 on the 4-hour scale and 4 on the 24-hour chart. In contrast, the interbank stance is neutral at less than 9% long.
And last up is the Euro/Yen with 5 neutral signals in both the short and mid-term. The daily chart brings 4 neutral studies. The interbank is neutral as well at less than 6% short, and it backs up the technical indicators.
You’ve been watching the Primary Daily Trading Signals for Tuesday. Stay tuned for the hourly updates.
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