16.08.2016 – Trading Signals by Dukascopy

By | August 16, 2016

Let’s find out how the interbank sentiment compares with the technicals at 8 AM GMT.
There’s green across the table for the Euro/Dollar, which sees 7 buy prompts in both the short and mid-term and 4 bullish signals in the long-term, and they are supported by the more than 17% long interbank stance.
All three time ranges bring different results for the Cable, which is mostly bullish in the short-term and neutral in the mid-term. The daily outlook turns bearish with 7 models, and it is in line with the more than 36% short interbank.
Dollar/Yen has bearish signals prevailing in all three time ranges, with 4 in the short-term, 6 in the mid-term and 5 in the long-term, and they are backed up by the 29% short interbank sentiment.
Pound/Yen’s hourly chart is split between red and neutral models. The 4 and 24-hour scales bring 4 and 7 bearish signals, respectively, and they are confirmed by the more than 20% short interbank.
And Euro/Yen is mostly neutral in the short-term. The mid-term is split between red and neutral models, and the daily chart is back to neutral. In contrast, the interbank is bearish at more than 23% short.
These were the Main Daily Trading Signals for Tuesday. Check back in throughout the day for the latest updates.

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