EUR/USD, GBP/USD 1&4H Signals Red
September 5, 2018 9:43 amVideo
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Good morning we are halfway through the working week and it’s time for the daily trading signals.
As always we begin with the Euro-Dollar, which has 5 sell signals in both the 1 and 4-hour charts. Outlook is neutral in the daily range. Interbank sentiment is bearish, just like the short and mid term signals.
Pound/Dollar has a similar outlook, where most studies are red in the 1 and 4-hour charts, but daily models shift to neutral. The less than 15% short interbank matches the long term technicals.
Dollar/Yen has 4 neutrals in both the short and mid term charts. 5 indicators point up in the daily chart. Interbank stance is neutral, in line with the 1 and 4-hour signals.
Pound/Yen has most models pointing South in the hourly chart. Mid and long term charts both have 4 neutrals, matching the less than 9% short interbank.
Euro/Yen’s short term models mostly point South. Mid term and long term indicators are mostly neutral, just like the only 1% short interbank stance.
Well, there you have it, those were the daily trading signals for Wednesday.
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