You’re watching the Main Daily Trading Signals for Monday. Here’s how the interbank compares with the technicals at 8 AM GMT.
Euro/Dollar’s hourly chart is split between red and neutral models, but the mid and long-term scales turn neutral with 5 and 4 studies, respectively, and they are in line with the less than 15% short interbank.
The Cable has neutral models prevailing in all three time ranges, with 4 in the short-term and 5 in both the mid and long-term, but, in contrast, the interbank is bearish at more than 37% short.
Dollar/Yen’s hourly chart is divided between green and neutral models. The 4 and 24-hour charts bring 5 and 6 neutral models, respectively, matching the less than 8% long interbank sentiment.
Things look similar for the Pound/Yen, which also sees a mix of buy and neutral signals in the short-term. The mid and long-term scales turn neutral with 5 and 6 studies, respectively, but they are not supported by the interbank, which is bearish at more than 41% short.
And Euro/Yen’s hourly chart is divided between green and neutral models as well. The mid-term is mostly neutral, and bullish models prevail on the daily chart. On the other hand, the interbank is bearish at more than 30% short.
I’m Celeste Skinner and you’ve been watching the Primary Daily Trading Signals for Monday. Stay tuned for the hourly updates.
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