29.08.2016 – Trading Signals by Dukascopy

By | August 29, 2016

You’re watching the Primary Daily Trading Signals for Monday. Here’s how the interbank compares with the technicals at 8 AM GMT.
Euro/Dollar sees a mix of sell and buy prompts in the short-term. The mid-term brings 5 red signals, and the daily outlook is mostly neutral. In contrast, the interbank is bullish at more than 23% long.
Next up is the Cable with 5 bearish models on both its 1 and 4-hour charts. The 24-hour scale turns neutral with 6 studies, and it is supported by the less than 4% long interbank sentiment.
4 studies point South on Dollar/Yen’s hourly chart, whereas the mid and long-term scales are overwhelmingly bullish. The interbank is bearish at more than 33% short, and it matches the 1-hour models.
Neutral signals prevail on Pound/Yen’s short-term chart, and the mid and long-term charts turn green with 5 and 4 studies, respectively. On the other hand, the interbank is bearish at more than 25% short.
And things look similar for the Euro/Yen, as it also is mostly neutral in the short-term. The mid and long-term scales bring 5 and 6 buy prompts, respectively, but they are not confirmed by the interbank, which is bearish at more than 36% short.
I’m Kiays Khalil and these were the Main Daily Trading Signals for Monday. Check back in throughout the day for the latest updates.

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