Good morning traders, you’re watching Dukascopy Main Daily Trading Signals for Wednesday.
All three time ranges bring different results for the Euro/Dollar, which is mostly bearish in the short-term and neutral in the mid-term. The long-term turns bullish with 4 studies, and it matches the more than 22% long interbank.
The Cable has neutral models prevailing in all three time ranges, with 4 neutral signals in the short-term, 5 in the mid-term, and 6 in the long-term, and the technicals indeed are backed up by the less than 3% short interbank sentiment.
Dollar/Yen sees a mix of red and neutral signals on its hourly chart, while the 4 and 24-hour scales bring 6 sell prompts each, but, in contrast, the interbank is neutral at less than 3% short.
Pound/Yen looks similar, as the short-term chart is divided between sell and neutral prompts, whereas the mid and long-term scales turn bearish with 6 and 7 studies, respectively, but they are not quite in line with the interbank, which is neutral at less than 13% short.
And there’s red across the table for the Euro/Yen, which sees 5 sell prompts in both the short and long-term and 6 bearish signals in the mid-term, but, once again, the technicals are not confirmed by the less than 3% short interbank.