You’re watching the Main Daily Trading Signals for Thursday. Here’s how the technicals compare with the interbank at 8 AM GMT.
Euro/Dollar sees 6 and 4 neutral models on its short and mid-term charts, respectively. The daily outlook is split between red and neutral signals, but, in contrast, the interbank is bearish at more than 19% short.
The Cable sees a mix of red and neutral models on its hourly chart, whereas the mid and long-term scales turn neutral with 6 and 4 studies, respectively, but they are not supported by the interbank, which is bearish at more than 33% short.
Dollar/Yen is mostly bullish in the short-term. Neutral models prevail on mid and long-term scales, but, once again, the technicals are not backed up by the interbank, as it’s bearish at more than 20% short.
Next up is the Pound/Yen with 5 buy prompts in the short-term. The 4-hour scale is mostly neutral, whereas the 24-hour chart brings 4 sell prompts and, for once, it is in line with the more than 18% short interbank stance.
And last up is the Euro/Yen with 5 bullish signals in the short-term. Neutral models prevail in the short-term, and the daily chart is overwhelmingly bearish, matching the more than 26% short interbank stance.
I’m Jessica Walker and these were the Primary Daily Trading Signals for Thursday. Check back in for the hourly updates.
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