It’s a new trading week, and it’s time for its first Main Daily Trading Signals.
Bearish signals prevail on Euro/Dollar’s hourly chart, and the mid-term turns neutral with 6 studies. The daily outlook is split between green and neutral models, but the interbank is neutral at less than 9% long, matching the 4-hour technicals.
Next up is the Cable with 6 and 5 sell prompts on its 1 and 4-hour charts, respectively. The 24-hour scale brings 4 neutral models. The interbank is bearish at more than 16% short, and it confirms the short and mid-term studies.
Dollar/Yen sees 5 sell prompts in the short-term. The mid-term is divided between green and neutral models, and the long-term is mostly neutral. In contrast, the interbank is bullish at more than 35% long. Bearish signals prevail on Pound/Yen’s short and mid-term charts, but the long-term scale turns neutral with 5 studies, and it is in line with the less than 3% long interbank sentiment.
And 5 studies point South on Euro/Yen’s hourly chart. The mid and long-term scales are mostly neutral, but the interbank is bullish at more than 18% long and does not support the technicals.