It's time for Friday's Main Daily Trading Signals. Here's how the technical models compare with the interbank stance at 8 AM GMT. Euro/Dollar’s hourly
It’s time for Friday’s Main Daily Trading Signals. Here’s how the technical models compare with the interbank stance at 8 AM GMT.
Euro/Dollar’s hourly studies are mostly neutral, but mid and long term indicators turn green, which is in line with the 19% long interbank sentiment. The Cable’s table shows bullish prompts dominating in all three time scales, but the 15% short interbank is bearish.
Dollar/Yen on the other hand has mostly red indicators in all three of the time ranges, matching the more than 38% short interbank exposure.
Pound/Yen’s 1 and 4-hour charts both have 5 bearish signals, but outlook is neutral in the daily picture, which is confirmed by the less than 1% short interbank stance.
Euro/Yen has 5 models pointing South in the hourly chart. Mid and long terms bring 4 and 5 neutrals respectively, but the close to 19% long interbank is bullish.
