Mostly Neutral Signals for EUR/USD
January 15, 2019 9:08 amVideo
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Here’s how the interbank compares with technicals at 8 AM GMT on this Tuesday.
Euro/Dollar has most of the technicals showing neutral signals in both the 1 and 4-hour charts. The daily models show mixed results. Interbank sentiment is strongly bullish at nearly 38 percent long.
The Cable has 6 neutral signals in the hourly chart. No clear patterns form in the mid-term and most of the models are green in the daily range. Interbank stance is neutral, matching the hourly models.
Both the 1 and 24-hour signals are mixed for the Dollar/Yen. 5 models are pointing up in the 4-hour chart, but the 20 percent short interbank is bearish.
Pound/Yen has 4 neutral signals in the hourly chart. 6 models point up in the 4-hour scale and there are 4 neutrals in the long term chart. Interbank sentiment is neutral, just like the 1 and 24-hour signals.
Euro/Yen’s short and log term models are mostly neutral. The mid-term studies show mixed results. Interbank stance is bearish at nearly 26 percent short.
You’ve been watching the Daily Trading Signals with me, Jack Everitt.
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