18.10.2016 – Trading Signals by Dukascopy

By | October 18, 2016

You’re watching the Main Daily Trading Signals for Tuesday. Here’s how the interbank lines up with technicals at 8 AM GMT.
All three time ranges bring different results for the Euro/Dollar, which sees 6 neutral indicators in the short-term, 4 buy prompts in the mid-term and 4 bearish models in the long-term. Neutral at less than 7% short, the interbank supports the 1-hour models.
Bullish signals prevail on the Cable’s 1 and 4-hour charts, but the 24-hour scale turns bearish with 4 models, and it is confirmed by the more than 31% short interbank sentiment.
Dollar/Yen is mostly bullish in the short-term, whereas the mid and long-term scales bring 5 and 6 neutral signals, respectively. In contrast, the interbank is bearish at more than 24% short.
Pound/Yen has bullish models dominating on its short and mid-term charts. The daily outlook turns red with 4 models, and it is backed up by the interbank, which is also bearish at more than 15% short.
And Euro/Yen sees 5 buy prompts on its hourly chart. The 4-hour scale is mostly neutral, and 5 studies point South on the daily scale. The interbank is bearish at more than 18% short, and it supports the long-term models.
I’m Jessica Walker and these were the Primary Daily Trading Signals for Tuesday. Stay tuned for the hourly updates.

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