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Saturday, 21 October 04:14 (GMT -05:00)



Foreign exchange market

Trading Signals by Dukascopy 10.02.2017


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.

 

 

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