You’re watching the Primary Daily Trading Signals for Thursday. Here’s how the technicals line up with the interbank at 8 AM GMT.
Euro/Dollar sees consistent results across the table, as it sees exactly 6 bullish models on its short, mid and long-term charts, but the technicals are not quite in line with the interbank, which is neutral at less than 5% long.
Next up is the Cable with 5 and 8 bullish signals on its 1 and 4-hour charts, respectively. The 24-hour scale sees a mix of green and neutral models, but, in contrast, the interbank is very much bearish at more than 26% short.
Dollar/Yen sees 5 sell prompts on both its short and mid-term charts, and the daily outlook is mostly neutral. The interbank is bearish at more than 22% short, and it supports the 1 and 4-hour models.
Pound/Yen’s hourly chart is split between red and neutral models, and the mid-term brings 6 bearish indicators. Neutral signals prevail in the long-term, but the interbank is bearish at more than 27% short, matching the 4-hour models.
And Euro/Yen sees 5 and 6 red indicators on its short and mid-term charts, respectively. The long-term scale brings 5 neutral models. As to the interbank, it is bearish at more than 26% short, and it confirms the 1 and 4-hour studies.
These were the Main Daily Trading Signals for Thursday. Check back in throughout the day for the latest updates.
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