EUR/JPY Technical Indicators Are Predominately Bullish in the 1 and 4-hours
August 1, 2018 9:17 am
Here’s how the interbank sentiment compares with the technicals at 8 AM GMT on the first trading day of August. Technical models show mostly neutral signals in all three time ranges for the Euro/Dollar, but the 23% short interbank sentiment is bearish. Pound/Dollar’s short and long term technicals are mostly neutral. There are 4 sell signals in the mid term chart, which is matched by the 27% short interbank. Dollar/Yen’s 1 and 4-hour studies mostly point North. 5 models are neutral in the long term chart. Interbank stance is neutral, in line with the daily signals. Pound/Yen has 4 buy prompts in the hourly chart. 6 models point North in the 4-hours and 5 models are neutral in the long term. Neutral interbank sentiment matches the daily technicals. Euro/Yen has 7 buy signals in both the short and mid terms. 6 models are neutral in the daily range, which is confirmed by the only 13% long interbank. That’s all for Wednesday’s Trading Signals.
Here’s how the interbank sentiment compares with the technicals at 8 AM GMT on the first trading day of August.
Technical models show mostly neutral signals in all three time ranges for the Euro/Dollar, but the 23% short interbank sentiment is bearish.
Pound/Dollar’s short and long term technicals are mostly neutral. There are 4 sell signals in the mid term chart, which is matched by the 27% short interbank.
Dollar/Yen’s 1 and 4-hour studies mostly point North. 5 models are neutral in the long term chart. Interbank stance is neutral, in line with the daily signals.
Pound/Yen has 4 buy prompts in the hourly chart. 6 models point North in the 4-hours and 5 models are neutral in the long term. Neutral interbank sentiment matches the daily technicals.
Euro/Yen has 7 buy signals in both the short and mid terms. 6 models are neutral in the daily range, which is confirmed by the only 13% long interbank.
That’s all for Wednesday’s Trading Signals.
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