You’re watching the Main Daily Trading Signals for Tuesday. Here’s how the technicals compare with the interbank at 8 AM GMT.
5 studies point North on Euro/Dollar’s hourly chart. The mid-term scale is mostly neutral, and the daily outlook is split between red and neutral models. Bullish at more than 20% long, the interbank supports the 1-hour models.
The Cable is mostly bearish in the short-term, but the mid and long-term scales turn bullish with 5 and 8 studies, respectively, and they are backed up by the more than 22% long interbank.
Next up is the Dollar/Yen with 4 sell prompts on both its 1 and 4-hour scales. The mid-term is mostly neutral, but the interbank is bearish at more than 27% short, and it matches the short and mid-term studies.
Pound/Yen sees 5 and 4 neutral models on its short and mid-term charts, respectively, and the daily outlook is divided between red and green signals. Neutral at less than 4% long, the interbank is in line with the 1 and 4-hour studies.
And neutral signals prevail on Euro/Yen’s hourly chart. The mid-term brings 5 sell prompts, and the long-term chart is back to neutral. The interbank is bearish at more than 17% short, supporting the 4-hour studies.
I’m Kiays Khalil and these were the Main Daily Trading Signals for Tuesday. Check back in throughout the day for the latest updates.
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