You're watching the Daily Trading Signals for Wednesday. Let's see how the technical indicators compare with the interbank stance at 8 AM GMT. Most of the
You’re watching the Daily Trading Signals for Wednesday. Let’s see how the technical indicators compare with the interbank stance at 8 AM GMT.
Most of the hourly indicators are bearish for the Euro/Dollar. Mid term outlook is neutral and signals are mixed in the long run. The close to 16% long interbank is bullish.
Pound/Dollar’s short and long term models are mostly neutral. 4-hour time scale brings 5 sell prompts, which are in line with the almost 27% short interbank stance.
Dollar/Yen shows a similar picture where hourly and daily models are neutral, but the mid term scale is led by red signals. Interbank exposure is 28% short, matching the mid term indicators. Pound/Yen’s hourly and daily studies both have 5 neutrals. 6 studies are pointing South in the mid term, but the only 2% short interbank is neutral, just like the hourly and daily models.
Euro/Yen has 6 sell signals in both the 1 and 4-hour charts. 6 models are predicting no major price shifts in the long term. Interbank sentiment is bullish, standing almost 27% long.
