30.12.2016 – Trading Signals by Dukascopy
December 30, 2016 9:05 amVideo
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It’s time for this week’s, this month’s and this year’s last Main Daily Trading Signals.
Euro/Dollar’s hourly chart is split between red and neutral signals, and the mid-term scale brings 5 neutral models. The daily outlook sees a mix of green and neutral indicators, but the interbank is neutral at less than 13% short, and it matches the 4-hour models.
The Cable has neutral signals prevailing on its 1 and 24-hour charts. The 4-hour scale is divided between green and neutral models, but the technicals are not supported by the interbank, which is bearish at more than 29% short.
Dollar/Yen is overwhelmingly bullish in the short-term, and the mid-term brings 6 neutral indicators. The daily chart is divided between red and neutral models. As to the interbank, it is neutral at less than 1% short, in line with the mid-term models.
Bullish signals prevail on Pound/Yen’s hourly chart, and the mid-term turns neutral with 4 models. The long-term scale is mostly bearish, but the interbank is neutral at less than 4% short, backing up the 4-hour studies.
And Euro/Yen is very bullish in the short and mid-term, as it sees 8 and 6 buy prompts, respectively. The long-term scale turns neutral with 5 models, and it matches the less than 10% short interbank.
I’m Celeste Skinner and that concludes the Primary Daily Trading Signals for Friday. We’ll be right back the next year to cover the latest developments in the forex markets, so see you then.
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