You’re watching the Main Daily Trading Signals for Thursday. Here’s how the technicals compare with the interbank at 8 AM GMT.
Euro/Dollar sees 4 neutral signals on its hourly chart. The mid-term is split between red and neutral models, and the long-term scale is back to neutral. The interbank is also neutral at 11% long, and it matches the short and long-term studies. Next up is the Cable with 5 and 4 neutral models on its 1 and 4-hour charts, respectively. The 24-hour scale brings 5 buy prompts, but the interbank is neutral at less than 5% short, and it confirms the short and mid-term models.
All three time ranges bring different results for the Dollar/Yen which sees 5 sell prompts in the short-term and 4 neutral models in the mid-term. The long-term is mostly bullish. As to the interbank, it is bearish at more than 19% short, in line with the short-term studies. 5 studies predict no major price changes on Pound/Yen’s 1 and 4-hour scales. The 24-hour chart brings 5 sell prompts, but the interbank is neutral at less than 6% long, matching the short and mid-term studies.
And Euro/Yen also sees 5 neutral signals on both its short and mid-term charts. The daily outlook is divided between green and neutral models, but, in contrast, the interbank is quite bullish at more than 34% long.