You’re watching the Primary Daily Trading Signals for Thursday. Here’s how the technical indicators compare with the interbank stance at 8 AM GMT.
Euro/Dollar’s 1 and 4-hour indicators show mixed results, but outlook shifts to neutral in the long term, which is supported by the 12% long interbank sentiment.
Most of the studies are pointing South for the Cable. There are 4 sell prompts in both the 1 and 4 hours and 5 in the long term. Technical indicators are confirmed by the 27% short interbank.
All three time ranges are dominated by green indicators for Dollar/Yen, but the 16% short interbank stance points in a different direction.
Technical are mostly neutral for the Pound/Yen in all three time ranges, but interbank exposure is bearish at close to 23% short.
Euro/Yen has 5 buy prompts in the hourly chart and 7 in both the mid and long terms. However, the close to 29% short interbank is bearish.
I’m Sam Meredith and that’s all for Thursday’s Main Daily Trading Signals. Stay tuned for the hourly updates.
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