Mon, 13 Feb 2017 06:07:00 +0000
It's time for this week's first Main Daily Trading Signals. Here's how the interbank compares with the technicals at 8 AM GMT.
First up is the Euro/Dollar with 4 neutral models in the short-term. The mid-term is split between red and neutral studies, and the daily outlook brings 6 sell prompts, but, in contrast, the interbank is neutral at less than 2% short.
4 studies point North on the Cable's hourly chart. The mid and long-term scales turn neutral with 5 models each, but the technicals are not supported by the interbank, which is bearish at more than 23% short.
Dollar/Yen sees 5 neutral models on both its 1 and 4-hour charts, and the 24-hour scale is divided between green and neutral signals. As to the interbank, it is bearish at more than 16% short, and it does not match the technicals.
Neutral signals prevail on Pound/Yen's hourly chart. The mid-term sees a mix of green and neutral models, and the daily chart is back to neutral with 4 studies. The interbank is neutral as well at less than 6% short, in line with the 1 and 24-hour technicals.
And Euro/Yen sees consistent results across the table, as it has exactly 5 neutral models in the short, mid and long-term. The interbank is also neutral at less than 15% short, backing up the technicals.
I'm Kiays Khalil and you've been watching the Primary Daily Trading Signals for Monday. Stay tuned for the hourly updates.
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