It’s 8 AM GMT this Wednesday, so it’s time for the Primary Daily Trading Signals. Here’s how the technical studies line up with the interbank stance.
Euro/Dollar’s 1 and 4 hour charts are mostly bullish, but outlook shifts to neutral in the daily scale. The close to 18% long interbank sentiment is in line with the short and mid term indicators.
The Cable’s 1and 4 hour models mostly forecast no major price shifts, but technical studies turn bearish in the long term. The only 7% short interbank matches the 1 and 4 hour signals.
Short and long term indicators are mostly neutral for the Dollar/Yen. Mid term has 4 sell prompts and they are backed up by the close to 18% short interbank.
Pound/Yen’s short term models are mixed, but mid and long terms both have 6 sell signals, which are confirmed by the 15% short interbank sentiment.
Euro/Yen has an equal number of 6 neutral signals in both the short and long terms. Mid term outlook is bearish and it’s backed up by the 33% short interbank.
I’m Celeste Skinner and that’s all for Wednesday’s Main Daily Trading Signals. Check back throughout the day for the latest updates.
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