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.
Click here to start trading these and other markets.
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.
Disclamer :Â CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.
75.2% of retail investor accounts lose money when trading CFDs with this provider.
You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.