You’re watching this week’s last Main Daily Trading Signals. Here’s how the interbank compares with the technicals at 8 AM GMT.
Euro/Dollar has neutral signals prevailing on its short and mid-term charts, whereas the long-term scale sees a mix of red and neutral models, but, in contrast, the interbank is bullish at more than 20% long.
The Cable is mostly bearish in the short-term, but the mid and long-term scales turn neutral with 4 studies each, and they are supported by the less than 14% short interbank stance.
Next up is the Dollar/Yen with 6 and 4 neutral models on its 1 and 4-hour charts, respectively. The daily outlook brings 5 red signals, and it is in line with the more than 25% short interbank.
5 studies point South on Pound/Yen’s hourly chart. The mid-term sees 5 neutral indicators, and the long-term is back to bearish. Neutral at less than 13% short, the interbank matches the 4-hour studies.
And neutral signals prevail on Euro/Yen’s 1 and 4-hour charts. The 24-hour scale turns bearish with 6 studies, and it is confirmed by the more than 30% short interbank sentiment.
I’m Jessica Walker and these were the Primary Daily Trading Signals for Friday. Stay tuned for the hourly update.
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