You’re watching the Main Daily Trading Signals for Thursday. Here’s how the interbank compares with the technical models at 8 AM GMT.
Euro/Dollar sees 6 neutral indicators on its hourly chart. The mid-term is split between green and neutral models, and the daily outlook is back to neutral. The interbank is neutral as well at less than 10% long, and it matches the 1 and 24-hour models.
The Cable is mostly neutral in the short-term and bullish in the mid-term. The long-term chart brings a mix of red and neutral indicators, but, in contrast, the interbank is bearish at more than 27% short.
Next up is the Dollar/Yen with 4 and 7 indicators on both its 1 and 4-hour charts. The 24-hour scale is divided between green and neutral studies, but the technicals are not supported by the interbank, which is neutral at less than 9% short.
Pound/Yen sees a contradicting mix of buy and sell prompts on its hourly chart. The mid-term is mostly bullish, and the long-term turns neutral with 4 models, in line with the less than 5% short interbank stance.
And last up is the Euro/Yen with 4 and 5 green signals on its short and mid-term charts, respectively. The long-term scale is mostly neutral, but, on the other hand, the interbank is bearish at more than 24% short.
You’ve been watching the Primary Daily Trading Signals for Thursday. I’m Sam Meredith and we’ll be providing you with the latest updates on an hourly basis, so check back.
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