Bullish 1&4h Signals for USD/JPY
January 8, 2019 9:11 amVideo
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Here’s how the interbank compares with technicals at 8 AM GMT on this Tuesday.
Euro/Dollar has 5 red signals in the hourly chart, but both the mid and long term models are mostly neutral. Interbank sentiment is bullish at 21 percent long.
Pound/Dollar has 4 neutral indicators in the short term chart. The mid term models show mixed results and 4 studies point up in the daily range. Interbank stance is bearish, standing 15 percent short.
Dollar/Yen has 6 green indicators in both the 1 and 4-hour charts. Daily models are mixed for this pair, but the 36 percent short interbank is bearish.
Most of the models are pointing higher in both the 1 and 4-hour charts for the Pound/Yen. There is a mixed picture in the daily chart. Interbank exposure is bearish at nearly 42 percent short.
No clear patterns form in the Euro/Yen’s short term chart. Mid term models are mostly green and 4 studies are neutral in the long term scale. Interbank sentiment is strongly bearish at 43 percent short.
You’ve been watching the Daily Trading Signals with me, Jack Everitt.
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