You’re watching the Main Daily Trading Signals for Friday. Here’s how the interbank compares with the technicals at 8 AM GMT.
Euro/Dollar is mostly bullish in the short term, and the mid term brings 4 neutral indicators. 5 studies point South on the daily chart, and they are in line with the 18% short interbank.
Neutral models prevail on the Cable’s hourly chart, but the mid and long-term scales turn bearish with 5 studies each, and they are supported by interbank, which is also bearish at more than 36% short.
Next up is the Dollar/Yen with 4 neutral models on its short-term chart. The mid and long-term scales see 6 buy prompts each, but the interbank is neutral, almost at a balance, and it supports the short-term signals.
There’s green across the table for the Pound/Yen, which sees 4 buy prompts in the short-term, 6 in the mid-term and 5 in the long-term. As to the interbank, it clearly points in the other direction, being bearish at more than 36% short.
And bullish signals prevail on Euro/Yen’s short and mid-term charts. The daily outlook brings 4 neutral models, but, in contrast, the interbank is bearish at more than 34% short.
I’m Jack Everitt and these were the Primary Daily Trading Signals for Friday. We’ll be providing you with the latest data throughout the day, so check back.
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