These are Monday’s Primary Daily Trading Signals. Here’s how the technical studies compare with the interbank sentiment at 8 AM GMT.
Euro/Dollar’s technicals are mostly neutral in the short term. Mid term brings 4 green prompts and daily studies show mixed results. The less than 7% long interbank matches the hourly outlook.
The Cable’s 1 and 4-hour charts are dominated by green indicators, but 4 models turn bearish in the daily run, which is in line with the 37% short interbank sentiment.
Dollar/Yen has 5 sell signals in the short term. 4 models are neutral in the mid term and daily studies are mixed. Interbank stance is neutral, just like the 4-hour signals.
6 studies point North in the Pound/Yen’s short term. Mid and long terms bring 4 and 6 neutrals respectively, which are backed up by the only 6% short interbank.
Euro/Yen has 4 studies forecasting no major price changes in the short term. 4-hour chart has 3 buy and 3 neutral prompts and 6 indicators are bullish in the long term. The close to 19% short interbank is bearish.
I’m Celeste Skinner and you’ve been watching the Main Daily Trading Signals for Monday. Stay tuned for the hourly updates.