Green Signals for EUR/USD
December 21, 2018 9:12 amVideo
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Here’s how the interbank compares with the technicals at 8 AM GMT on this Friday as we head into the holiday season.
Euro/Dollar has most of the technical indicators pointing higher in all three time ranges. The bullish sentiment grows in the longer time frames. Interbank stance is neutral at less than 1 percent short.
Pound/Dollar has mixed signals in the hourly chart. The mid and long term signals are mostly neutral, but the 25 percent short interbank is bearish.
Dollar/Yen’s short term technicals are neutral. The mid and long term indicators are generally red. Interbank stance is neutral, just like the hourly signals.
Pound/Yen’s short term models show mixed results. The mid and long term charts both have 6 sell signals, which are in line with the 42 percent short interbank.
Euro/Yen’s 1 and 4-hour charts have 4 and 5 neutral signals respectively. 6 models are red in the daily chart. Interbank sentiment is neutral, matching the 1 and 4-hour technical signals.
I’m Jack Everitt and these were this week’s final Daily Trading Signals. Bye for now.
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