These are Friday’s Main Daily Trading Signals, where we’ll see how the technical indicators line up with the interbank sentiment at 8 o’clock GMT.
Euro/Dollar’s 1 and 4 hour charts both have 6 neutral signals, but outlook shifts to bearish in the daily range. Interbank stance is neutral, in line with the short and mid term indicators.
5 models are neutral in the Cable’s short term. Mid term is mixed with 3 buy and 3 sell prompts. Most of the studies are bearish in the daily scale and they are backed up by the 28% short interbank.
Outlook is neutral for the Dollar/Yen in the hourly chart. Mid and long terms are dominated by red prompts and they are backed up by the close to 47% short interbank.
Pound/Yen’s hourly chart is mostly neutral, mid term is mixed and outlook shifts to bearish in the long term. Interbank stance is neutral, just like the hourly indicators.
Euro/Yen’s 1 and 4 hour charts have 6 and 4 neutrals respectively. All 8 models are red in the daily scale and they are backed up by the close to 16% short interbank sentiment.
I’m Celeste Skinner and you’ve been watching the Primary Daily Trading Signals for Friday. Stay tuned for the hourly updates.
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