It’s time for Tuesday’s Primary Daily Trading Signals. Let’s see how the technicals compare with the interbank at 8 AM GMT.
Euro/Dollar has neutral signals prevailing in the short and mid-term charts, but the long-term scale turns bullish with 5 studies, and they are supported by more than 20% long interbank sentiment.
The Cable sees 6 neutral models on its hourly chart. The 4-hour scale is divided between green and neutral studies, and the 24-hour chart turns red with 5 indicators. Neutral at less than 10% short, the interbank matches the short-term studies.
Neutral models dominate on Dollar/Yen’s short and mid-term scales, but the daily chart brings 6 sell prompts, and it is confirmed by the more than 28% short interbank sentiment.
Next up is the Pound/Yen with 6 and 5 neutral models on its short and mid-term charts, respectively. The long-term scale is mostly bearish, but the interbank is neutral at less than 13% short, in line the 1 and 4-hour models.
And Euro/Yen also sees neutral indicators dominating on its 1 and 4-hour charts. 4 studies point South on the 24-hour scale, and they are supported by the more than 34% short interbank sentiment.
I’m Celeste Skinner and you’ve been watching the Main Daily Trading Signals for Tuesday. Stay tuned for the hourly updates.
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