These are the Main Daily Trading Signals for Thursday. Here’s how the interbank compares with the technicals at 8 AM GMT.
All three time ranges bring different results for the Euro/Dollar, which is mostly bullish in the short-term and neutral in the mid-term. The daily outlook sees a mix of red and neutral models, but the interbank is neutral at less than 9% short, matching the mid-term studies.
There’s green across the chart for the Cable, which sees no less than 8 buy prompts in both the short and mid-term and 4 bullish models in the long-term, but the interbank points firmly in the other direction, being bearish at more than 18% short.
Dollar/Yen’s hourly chart is divided between red and neutral models, and the 4-hour scale is mostly neutral. The daily chart turns overwhelmingly bullish with 7 studies, and it is supported by the more than 25% long interbank sentiment.
Pound/Yen sees 4 neutral indicators in the short-term. The mid and long-term scales bring 4 and 7 buy prompts, respectively, and they are in line with the more than 16% long interbank stance.
And Euro/Yen sees 5 neutral models on its hourly chart. Bullish signals prevail on the 4 and 24-hour scales, but the interbank is neutral at less than 6% short, and it matches the 1-hour studies.
I’m ____ and you’ve been watching the Primary Daily Trading Signals for Thursday. Check back in throughout the day for the latest updates.
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