10.10.2016 – Trading Signals by Dukascopy

By | October 10, 2016

It’s time for this week’s first Primary Daily Trading Signals. Here’s how the technical studies compare with the interbank stance at 8 AM GMT.
Euro/Dollar’s hourly indicators are mostly red, but outlook shifts to neutral in both the mid and long terms, which is backed up by the less than 10% long interbank sentiment.
Pound/Dollar’s 1 and 4 hour charts are mixed and long term is led by 4 red signals, which are in line with the 24% short interbank stance.
All three time ranges bring mostly neutral signals for the Dollar/Yen, but the 18% short interbank is bearish.
5 models are neutral in the Pound/Yen’s hourly chart. Mid and long terms have 5 and 4 sell prompts respectively and they are backed up by the 19% short interbank.
Most of the studies are neutral for the Euro/Yen in both the 1 and 4 hour charts. Daily studies are mixed and the close to 24% short interbank is bearish.
I’m Jessica Walker and that’s all for Monday’s Main Daily Trading Signals, but these stats are updated throughout the day, so check back.

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