You’re watching the Primary Daily Trading Signals for Monday.
Euro/Dollar has bearish models prevailing in all three time ranges, with 4 in the short-term and 6 in both the mid and long-term, but they are not supported by the interbank, which is neutral at less than 2% long.
The Cable also sees red indicators dominating across the chart, as it has 4 sell prompts on its hourly chart and 6 bearish models on its 4 and 24-hour scales, and they are backed up by the more than 31% short interbank.
Dollar/Yen is overwhelmingly bullish in the short and mid-term, but the daily outlook turns red with 4 models, and it is confirmed by the more than 31% short interbank sentiment.
Pound/Yen has bullish models prevailing on its hourly chart. The mid-term chart brings 4 neutral indicators, whereas the long-term sees 4 red models. Neutral at less than 6% short, the interbank matches the 4-hour studies.
And last up is the Euro/Yen with 4 green signals in the short-term. The mid-term is mostly neutral, and the long-term chart turns red with 5 studies, in line with the more than 21% short interbank stance.
I’m Sam Meredith and you’ve been watching the Main Daily Trading Signals for Monday. Stay tuned for the hourly updates.
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