Find out how the interbank compares with the technicals this Friday morning. These are the Main Daily Trading Signals.
Euro/Dollar’s hourly chart is split between red and neutral models, whereas the 4 and 24-hour scales turn neutral with 4 and 5 studies, respectively, and they are supported by the less than 8% long interbank.
Things look similar for the Cable, as it also sees a mix of red and neutral signals in the short-term. The mid and long-term charts bring 5 and 6 neutral models, respectively, matching the less than 12% short interbank sentiment.
6 studies point North on Dollar/Yen’s short-term chart. Neutral signals prevail on the mid-term scale, and the daily outlook is divided between red and neutral models.
Bullish at more than 36% long, the interbank confirms the 1-hour studies. Pound/Yen sees a mix of buy and neutral signals on its 1-hour chart, whereas the 4 and 24-hour scales are both split between red and neutral models but, in contrast, the interbank is neutral at less than 9% long.
And Euro/Yen sees 4 neutral models in the short-term. The mid-term is divided between green and neutral signals, and the long-term is split between red and neutral indicators. The interbank is neutral at less than 11% long and does not support the technicals.
This article was originally posted on FX Empire
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