Let’s find out how the technical studies compare with the interbank sentiment at 8 AM GMT.
Euro/Dollar is mostly bearish in the short-term. The mid-term brings 6 neutral indicators, and the daily outlook sees a mix of red and neutral models. Neutral at less than 12% long, the interbank supports the 4-hour models.
Next up is the Cable with 4 neutral models on its hourly chart. The mid-term turns red with 5 studies, and the daily outlook is split between red and neutral indicators. The interbank is neutral at less than 13% short, and it matches the short-term models.
Dollar/Yen’s 1-hour chart is divided between green and neutral indicators. The 4-hour scale brings 5 neutral models, and the daily chart is mostly bearish. The interbank again is neutral at less than 7% short, and it confirms the mid-term studies.
Neutral models prevail on Pound/Yen’s short-term chart. The mid-term turns red with 4 models, and the long-term is divided between red and neutral models. Neutral at less than 2% long, the interbank is in line with the 1-hour models.
And Euro/Yen sees 6 and 5 neutral indicators on its 1 and 4-hour scales, respectively. The 24-hour chart is mostly bearish, but the interbank is neutral at less than 8% short, and it backs up the short and mid-term studies.
I’m Celeste Skinner and you’ve been watching the Primary Daily Trading Signals for Monday. Stay tuned for the hourly updates.
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