25.10.2016 – Trading Signals by Dukascopy

By | October 25, 2016

You’re watching the Main Daily Trading Signals for Tuesday. Here’s how the interbank compares with the technicals at 8 AM GMT.
Euro/Dollar is mostly neutral in the short-term, but the mid and long-term scales turn bearish with 5 and 7 studies, respectively, and they are supported by the more than 20% short interbank stance.
Next up is the Cable with 5 neutral models on both its 1 and 4-hour charts. The 24-hour scale is divided between red and neutral models, but, in contrast, the interbank is bearish at more than 32% short.
Dollar/Yen’s hourly chart is split between green and neutral signals, and bullish models dominate on the mid and long-term scales, but the technicals are not confirmed by the interbank, which is neutral at less than 14% short.
Pound/Yen sees 5 buy prompts on both its short and mid-term charts, and the long-term scale turns neutral with 4 models, but the interbank is bearish at more than 17% short, and it does not confirm the technical models.
And neutral signals prevail on Euro/Yen’s short-term chart. The mid-term brings 5 bullish models, and the daily outlook is back to neutral, but, unlike the technicals, the interbank is strongly bearish at more than 32% short.
I’m Celeste Skinner and these were the Primary Daily Trading Signals for Tuesday. Stay tuned for the hourly updates.

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