It’s time for Thursday’s Main Daily Trading Signals. Here’s how the technical studies compare with the interbank stance at 8 AM GMT. There’s green across the table for the Euro/Dollar, which sees 4 buy prompts in the short-term, 7 in the mid-term and 6 in the long-term, and they indeed are backed up by the more than 15% long interbank. The Cable’s hourly chart is split between red and neutral models, and the 4-hour scale turns neutral with 5 studies. The 24-hour chart is mostly bullish, but the interbank is neutral at less than 6% short, and it matches the mid-term studies. Dollar/Yen is mostly neutral in the short-term, and the mid-term is divided between sell and neutral prompts. The daily outlook is back to neutral but, in contrast, the interbank is strongly bearish at more than 41% short. All three time ranges bring different results for the Pound/Yen, which is mostly neutral in the short-term, bearish in the mid-term and bullish in the long-term. Neutral at less than 8% long, the interbank confirms the short-term studies. And last up is the Euro/Yen with 5 neutral signals on its hourly chart. The 4-hour scale is divided between green and neutral models, and the 24-hour chart is mostly bullish. The interbank is neutral at less than 8% short, and it supports the short-term studies. You’ve been watching the Primary Daily Trading Signals for Thursday with me, Sam Meredith. Stay tuned for the hourly updates.
It’s time for Thursday’s Main Daily Trading Signals. Here’s how the technical studies compare with the interbank stance at 8 AM GMT.
There’s green across the table for the Euro/Dollar, which sees 4 buy prompts in the short-term, 7 in the mid-term and 6 in the long-term, and they indeed are backed up by the more than 15% long interbank.
The Cable’s hourly chart is split between red and neutral models, and the 4-hour scale turns neutral with 5 studies. The 24-hour chart is mostly bullish, but the interbank is neutral at less than 6% short, and it matches the mid-term studies.
Dollar/Yen is mostly neutral in the short-term, and the mid-term is divided between sell and neutral prompts. The daily outlook is back to neutral but, in contrast, the interbank is strongly bearish at more than 41% short.
All three time ranges bring different results for the Pound/Yen, which is mostly neutral in the short-term, bearish in the mid-term and bullish in the long-term. Neutral at less than 8% long, the interbank confirms the short-term studies.
And last up is the Euro/Yen with 5 neutral signals on its hourly chart. The 4-hour scale is divided between green and neutral models, and the 24-hour chart is mostly bullish. The interbank is neutral at less than 8% short, and it supports the short-term studies.
You’ve been watching the Primary Daily Trading Signals for Thursday with me, Sam Meredith. Stay tuned for the hourly updates.
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