You’re watching the Main Daily Trading Signals for Thursday. Here’s how the technicals compare with the interbank at 8 AM GMT.
Euro/Dollar has neutral signals prevailing across the table, with 6 in the short-term and 5 in both the mid and long-term, but they are not confirmed by the interbank, which is bullish at more than 19% long.
The Cable’s hourly chart is split between red and neutral indicators. The 4 and 24-hour scales turn neutral with 6 studies each, and they are supported by the less than 11% short interbank.
Dollar/Yen sees a mix of buy and neutral prompts on its short-term chart. All 8 models point North on the mid-term scale, and the daily outlook is mostly neutral but, in contrast, the interbank is bearish at more than 27% short.
Next up is the Pound/Yen with 5 neutral models in both the short and long-term. The mid-term is mostly bullish, but the interbank is neutral at less than 14% short, and it matches the 1 and 24-hour studies.
And 4 studies predict no major price changes on Euro/Yen’s hourly chart. The mid-term is overwhelmingly bullish, and the daily chart is back to neutral. On the other hand, the interbank is bearish at more than 27% short.
These were the Primary Daily Trading Signals for Thursday. I’m Jessica Walker and we’ll be updating these stats throughout the day, so check back.
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