You’re watching the Main Daily Trading Signals for Monday. Here’s how the technicals line up with the interbank at 8 AM GMT.
Euro/Dollar has bullish signals prevailing on its 1 and 4-hour charts, but the 24-hour scale turns neutral with 6 models, and it is supported by the less than 12% short interbank sentiment.
The Cable is mostly neutral in the short-term, and the mid-term sees a mix of red and green signals. The daily outlook is back to neutral with 4 models, but, in contrast, the interbank is bearish at more than 21% short.
Dollar/Yen’s hourly chart is split between red and neutral models. The mid-term scale is mostly bearish, and the long-term chart sees a mix of green and neutral signals. As to the interbank, it is bullish at more than 23% long, and it does not back the technicals.
Next up is the Pound/Yen with 4 sell prompts in the short-term. The mid-term is split red and neutral models, but the daily outlook brings 4 green signals, and it is confimed by the more than 16% long interbank.
And Euro/Yen sees 5 neutral signals on its hourly chart. The 4-hour scale is divided between red and neutral models, and the long-term scale turns green with 4 indicators. Neutral at less than 7% short, the interbank matches the 1-hour models.
I’m ____ and these were the Primary Daily Trading Signals for Monday. Stay tuned for the hourly updates.
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