Good morning, traders. Here’s how the technicals compare with the interbank at 8 AM GMT on Monday.
Euro/Dollar’s technicals are mostly neutral in the hourly range. Mid and long term technicals are mostly pointing South, which is in line with the 33% short interbank.
Most of the studies are red in all three time scales for the Pound/Dollar and these technicals are confirmed by the 32% short interbank stance.
Dollar/Yen has an even number of 5 neutral signals in all three time ranges, but the close to 23% long interbank sentiment is bullish.
Pound/Yen’s hourly signals are mixed, but both the mid and long term technicals are mostly red. Interbank stance is neutral at less than 15% short.
Euro/Yen’s short term technicals show mixed results, but both the mid and long term models are mostly red. Interbank sentiment is neutral at 13% long.
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