It’s time for this week’s last Main Daily Trading Signals. Here’s how the technicals compare with the interbank at 8 AM GMT.
Euro/Dollar is overwhelmingly bullish in the short-term, but the mid and long-term scales turn neutral with 5 and 4 studies, respectively, and they are supported by the less than 12% short interbank stance.
Neutral models prevail on the Cable’s 1 and 4-hour charts, whereas the 24-hour scale sees a mix of green and neutral signals. In contrast, the interbank is bearish at more than 27% short.
All three time ranges bring different results for the Dollar/Yen, which is mostly bearish in the short-term and neutral in the mid-term. The daily outlook turns bullish with no less than 7 models, and it is in line with the more than 39% long interbank.
Pound/Yen also sees bearish signals dominating in the short-term and neutral signals prevailing in the mid-term. The long-term scale brings 7 buy prompts, and it is backed up by the more than 17% long interbank.
And Euro/Yen sees 5 neutral models in the short-term. The mid and long-term scales turn green with 4 and 8 studies, respectively, but the interbank is neutral at less than 13% short, matching the 1-hour models.
I’m ____ and these were the Primary Daily Trading Signals for Friday. Check back in throughout the day for the latest updates.
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