These are the Main Daily Trading Signals for Tuesday. Here's how the interbank compares with the technicals at 8 AM GMT. Euro/Dollar has neutral signals
These are the Main Daily Trading Signals for Tuesday. Here’s how the interbank compares with the technicals at 8 AM GMT.
Euro/Dollar has neutral signals prevailing in all three time ranges, with 6 neutral models in the short-term, 4 in the mid-term and 5 in the long-term, but, in contrast, the interbank is quite bullish at more than 22% long.
Things look similar for the Cable, as it has 5 neutral models on both its 1 and 4-hour charts and 4 neutral indicators on its 24-hour scale, and they indeed are in line with the less than 8% short interbank sentiment.
All three time ranges bring different results for Dollar/Yen which is mostly bearish in the short-term. The mid-term brings 5 neutral models, and the daily outlook turns green with 5 studies. Neutral at less than 8% short, the interbank confirms the 4-hour studies.
Pound/Yen also sees bearish models prevailing in the short-term. The mid-term sees 5 neutral signals, and the long-term brings 6 buy prompts. As to the interbank, it is neutral at less than 3% long, matching the mid-term models.
And 5 studies point South on Euro/Yen’s hourly chart. The mid-term turns neutral with 6 studies, and the long-term chart is overwhelmingly bullish. The interbank is neutral at less than 5% short, and it supports the mid-term studies.