It’s time for Wednesday’s Main Daily Trading Signals. Here’s how the technical studies compare with the interbank sentiment at 8 AM GMT.
Euro/Dollar’s short and long terms both bring an equal number of 5 neutral signals. Mid term is led by 4 sell prompts, but the 28% long interbank is bearish.
4 models are neutral in the Cable’s hourly chart. Mid term outlook shifts to bearish and it’s back to neutral in the long term. The only 9% long interbank matches the hourly and daily models.
Most of the signals are green in the Dollar/Yen’s 1 and 4 hour charts. 6 neutrals lead the daily scale, but the 35% short interbank is bearish.
There are 4 green indicators in the Pound/Yen’s short term. Mid and long terms both have 5 neutral signals and they are backed up by the only 7% short interbank.
Euro/Yen’s hourly studies are mixed and most of the indicators are green in the mid term. 6 signals are neutral in the long term, but the close to 35% short interbank is bearish.
I’m Sam Meredith and you’ve been watching the Primary Daily Trading Signals for Wednesday. Check back throughout the day for the latest updates.
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