Let’s see where the technical indicators point for the five currency pairs on the opening trading day of the new year. Euro/Dollar has most of the indicators pointing up in all three time ranges. Interbank sentiment is bullish as well, standing at nearly 24 percent long. The Cable’s hourly models are mostly neutral, but the technical outlook is bullish in both the mid and long term charts. The only 10 percent short interbank is neutral, matching the hourly models. Dollar/Yen has red signals in the lead of all three time scales, which is in line with the 22 percent short interbank stance. Technical studies show mixed results for Pound/Yen in the hourly chart. The mid and long terms both have 5 red signals, matching the 48 percent short interbank. Euro/Yen’s hourly technical outlook is neutral, but both the mid and long term charts show mixed results. Interbank stance is neutral, just like the short term signals. I’m Jack Everitt and you’ve been watching the Daily Trading Signals for Wednesday.
Let’s see where the technical indicators point for the five currency pairs on the opening trading day of the new year.
Euro/Dollar has most of the indicators pointing up in all three time ranges. Interbank sentiment is bullish as well, standing at nearly 24 percent long.
The Cable’s hourly models are mostly neutral, but the technical outlook is bullish in both the mid and long term charts. The only 10 percent short interbank is neutral, matching the hourly models.
Dollar/Yen has red signals in the lead of all three time scales, which is in line with the 22 percent short interbank stance.
Technical studies show mixed results for Pound/Yen in the hourly chart. The mid and long terms both have 5 red signals, matching the 48 percent short interbank.
Euro/Yen’s hourly technical outlook is neutral, but both the mid and long term charts show mixed results. Interbank stance is neutral, just like the short term signals.
I’m Jack Everitt and you’ve been watching the Daily Trading Signals for Wednesday.
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