It’s time for this week’s last Main Daily Trading Signals.
First up is the Euro/Dollar with 5 and 4 bullish indicators on its 1 and 4-hour charts, respectively. The 24-hour scale turns neutral with 5 models, and it is in line with the less than 12% long interbank stance.
Next up is the Cable with 5 neutral indicators on its hourly chart. The mid-term brings 6 bullish models, and the daily outlook is split between green and neutral indicators. Neutral at less than 15% short, the interbank supports the 1-hour models.
Dollar/Yen sees 4 neutral indicators in the short-term. The mid and long-term scales turn green with 4 and 5 studies, respectively, but the interbank is neutral at less than 9% short, and it confirms the short-term studies.
5 studies predict no major price changes on Pound/Yen’s hourly chart, whereas the mid and long-term scales are mostly bullish. The interbank is neutral at less than 5% short, and it matches the 1-hour models.
And there’s green across the table for the Euro/Yen, which sees 4 buy prompts in both the short and mid-term and 5 green signals in the long-term, but the interbank points in the other direction as it is bearish at more than 18% short.
I’m Celeste Skinner and that’s how the interbank sentiment compares with the technicals at 8 AM GMT. Stay tuned for the hourly updates.
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