Find out how the interbank stance compares with the technical models at 8 AM GMT. These are the Main Daily Trading Signals.
Euro/Dollar is mostly bullish in the short-term. The mid-term is split between green and neutral models, and the daily outlook brings 5 sell prompts. In contrast, the interbank is neutral at less than 3% long.
The Cable sees 4 red models in the short-term. The mid and long-term scales turn neutral with 5 and 4 studies, respectively, and they are confirmed by the interbank, which is also neutral at 10% short.
Dollar/Yen has neutral models prevailing in all three time ranges, with 4 in the short-term and 5 in both the mid and long-term, and they are in line with the less than 15% short interbank stance.
Neutral models dominate across the chart for the Pound/Yen, with 5 on 1 and 4-hour charts and 4 on the 24-hour scale, and the technical models are supported by the less than 4% short interbank.
And Euro/Yen sees a mix of green and neutral models on its hourly chart. The mid and long-term scales turn neutral with 5 and 4 studies, respectively, but the technicals are not backed up by the interbank, which is bearish at more than 17% short.
I’m _____ and you’ve been watching the Primary Daily Trading Signals for Wednesday. Our updates team will be providing you with the latest data on an hourly basis, so check back.
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