You’re watching the Main Daily Trading Signals for Monday. Here’s how the technicals compare with the interbank sentiment at 8 AM GMT.
Euro/Dollar sees 5 neutral indicators in the short-term, and the mid-term turns red with 5 models. The daily outlook brings 4 buy prompts, and it is backed up by the more than 26% long interbank stance.
The Cable has neutral signals prevailing in all three time ranges, with 6 in the short-term and 5 in both the mid and long-term, but, in contrast, the interbank is bearish at more than 15% short.
Next up is the Dollar/Yen with 5 neutral indicators on its hourly chart. The 4-hour scale brings 6 buy prompts, and the 24-hour chart is split between red and neutral models. On the other hand, the interbank is bearish at more than 31% short.
Pound/Yen sees 5 and 4 buy prompts on its short and mid-term charts, respectively, whereas the daily scale sees a mix of red and neutral models. As to the interbank, it is bearish at more than 24% short and does not support the technical studies.
And Euro/Yen sees 6 neutral models on its 1-hour chart. The 4-hour scale sees a mix of red and neutral indicators, and the 24-hour chart is split between green and neutral models, but, once again, the technicals are not confirmed by the interbank, which is bearish at more than 25% short.
I’m Celeste Skinner and these were the Primary Daily Trading Signals for Monday. Stay tuned for the hourly updates.
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