You’re watching the Main Daily Trading Signals for Monday. Let’s see how the interbank compares with the technicals at 8 AM GMT.
Euro/Dollar’s hourly chart brings a mix of green and neutral models, and neutral signals prevail on the mid-term chart. The daily outlook is split between red and neutral studies, but, in contrast, the interbank is bullish at more than 20% long.
The Cable is mostly neutral in the short-term. The 4 and 24-hour charts turn bullish with 4 and 6 studies, respectively, and they are supported by the more than 19% long interbank sentiment.
4 studies point South on Dollar/Yen’s hourly chart. The mid-term is mostly neutral, and the daily chart brings 4 green models. Bearish at more than 29% short, the interbank confirms the short-term studies.
All three time ranges bring different results for the Pound/Yen, which is mostly bearish in the short-term. The mid-term turns neutral with 5 models, and bullish signals prevail on the daily chart. Neutral at less than 2% short, the interbank matches the 4-hour studies.
And Euro/Yen is overwhelmingly bearish on its short-term chart. The mid-term turns neutral with 5 models, and the long-term scale brings 6 buy prompts. The interbank is bearish at more than 25% short, and it backs up the short-term studies.
I’m Sam Meredith and these were the Primary Daily Trading Signals for Monday. Stay tuned for the hourly updates.
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