EUR/USD Signals: 1H UP, 24H DOWN
October 29, 2018 9:28 amVideo
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Good morning, traders. Here’s how the technicals compare with the interbank at 8 AM GMT on Monday.
Euro/Dollar has 6 buy signals in the hourly scale. Mid term models are mostly neutral and technical outlook is bearish in the long term, which is matched by the 27% short interbank stance.
Pound/Dollar has mostly neutral prompts in both the 1 and 4-hour charts. 4 models are red in the daily scale, in line with the 19% short interbank.
Dollar/Yen’s technicals are mostly green in the short term. Mid term models show mixed results and 4 studies are red in the daily chart. Interbank sentiment is neutral at less than 9% long.
Pound/Yen has 4 neutrals in the hourly range. Mid term indicators are mixed and 5 models are pointing south in the daily range. Interbank stance is neutral, just like the short term technicals.
Euro/Yen has 5 buy signals in the hourly chart. Mid term models are mostly neutral and 7 studies are bearish in the daily scale. The close to 25% short interbank is bearish, confirming the daily technicals.
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