You’re watching the Main Daily Trading Signals for Friday. Here’s how the technicals compare with the interbank at 8 AM GMT.
Euro/Dollar is mostly neutral in the short-term, but the 4 and 24-hour charts turn bearish with 6 and 5 studies, respectively, and they are supported by the more than 19% short interbank stance.
The Cable has neutral signals prevailing on its hourly chart. The mid-term brings 4 sell prompts, and the daily outlook is back to neutral. The interbank is bearish at more than 35% short, matching the 4-hour studies.
There’s green across the table for the Dollar/Yen, which sees 6 bullish signals in both the short and long-term and no less than 7 buy prompts in the mid-term, but the technicals are not quite in line with the interbank, which is neutral at less than 8% long.
Pound/Yen also sees bullish signals prevailing in all three time ranges, with 7 in the short-term, 6 in the mid-term and 5 in the long-term, but, in contrast, the interbank is neutral at less than 10% long.
And bullish models dominate across the chart for the Euro/Yen, which sees 7 buy prompts on both its short and mid-term charts and 5 green models on its long-term scale. As to the interbank, it points in the other direction, being bearish at more than 16% short.
I’m Celeste Skinner and these were the Main Daily Trading Signals for Friday. Stay tuned for the hourly updates.
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