Fri, 10 Feb 2017 05:07:00 +0000
You're watching the Main Daily Trading Signals for Friday. Here's how the interbank compares with the technicals at 8 AM GMT.
Euro/Dollar has bearish models prevailing across the table, with 7 in the short-term and 6 in both the mid and long-term, but, in contrast, the interbank is neutral at less than 2% long.
Next up is the Cable with 7 and 4 red signals on its 1 and 4-hour charts, respectively. The 24-hour scale brings 6 neutral models, but the interbank is bearish at more than 21% short, and it matches the short and mid-term models.
Dollar/Yen sees no less than 7 buy prompts on both its short and mid-term scales, whereas the daily outlook is split between red and neutral models, but the technicals are not supported by the interbank, which is bearish at more than 23% short.
Pound/Yen has 4 neutral models in the short-term. The mid-term is mostly bullish, and the long-term is back to neutral with 5 studies. The interbank is neutral as well at less than 6% short, and it confirms the 1 and 24-hour studies.
And neutral models dominate on Euro/Yen's hourly chart. The mid-term turns green with 4 models, and the daily chart sees a mix of red and neutral models. As to the interbank, it is bearish at more than 24% short, and it does not back up the technicals.
I'm Jessica Walker and these were the Primary Daily Trading Signals for Friday. Stay tuned for the hourly updates.
Video made by Dukascopy specialists
You are free to discuss this article here: forum for traders and investors
These days, trading signals has become really popular among retail traders and investors from all over the world. Speaking about those signals, they come in different shapes. For instance, auto-copying is one of the most popular formats of providing trading signals to retail clients.
In February 2017, those who invested in Masterforex-V Academy’s best traders by copying their trades in auto mode got paid handsomely once again, pro-rebate.com experts report. To be more specific, the 60 best traders collectively made over 67000 points of profit. The top 5 traders made 4270 points of the mentioned profit.
The crypto currency as phenomenon emerged not so long ago compared to other digital means of payment. However, since then, it has already managed to will its own place under the sun, and it keeps on getting more and more popular across the entire Internet. More and more people start using crypto currencies as an online means of paying for products and services both offline and inline. On top of that, Bitcoin and other crypto currencies allow an increasing amount of people out there to make money for a living.
For those of you who don't know, Bitcoin has been one of the biggest financial newsmakers over the last few weeks. After a prolonged rally (at some point, Bitcoin even got more expensive than gold) connected with certain events, the crypto currency unexpectedly dropped only to recover most of the lost ground a few days later.
When it comes to investing money, it’s always a good idea to advance slowly but surely. The past trading week happened to be a success for the managers of the «PrivateFX №1» portfolio. In particular, the 5 trading days of the week ended up with 106,43 dollars of profit, which is 0,71%. This is not that much in absolute terms. However, within 12 months of such a profitability, the initial capital of $15K could see around $6600 on top.
In late February, the exchange rate of Bitcoin, the world’s first and most popular crypto-currency, reached a new all-time high – 1 183,68 USD/BTC. This happened earlier in the morning, on February 24, at itNit, which is a New York-based exchange. A couple of hours before setting the all-time high, the exchange rate exceeded the $1000 threshold.
Misfortunes are always followed by good luck. This is what PrivateFX №1 investors hope for. And they really have a reason for that, even though February didn’t turn out to be a profitable month for them. the thing is, after the profit made at the very beginning of the trading month, the investment portfolio saw an unpleasant drawdown, even though a minor one.
Last Friday, Pierre Moscovici, who is the European Commissioner for Economic and Financial Affairs, Taxation and Customs, visited Athens to discuss with the Greek government the report on the situation with the Greek debt to the international lenders.