It's time for Wednesday's Main Daily Trading Signals. Here's how the technicals compare with the interbank at 8 AM GMT.
Bearish models prevail on Euro/Dollar's 1 and 4-hour charts, whereas the 24-hour chart turns green with 4 studies, but the technicals are not supported by the interbank, which is neutral at less than 11% long.
All three time ranges bring different results for the Cable, which sees 6 sell prompts in the short-term. The mid-term is mostly neutral, and the long-term turns green with 6 models. Bearish at more than 23% short, the interbank matches the short-term models.
Neutral studies prevail across the chart for the Dollar/Yen, with 5 on both its short and mid-term charts and 4 on the long-term scale, and the technicals indeed are backed up by the interbank, which stands at less than 2% short.
Pound/Yen's hourly chart is split between sell and neutral prompts. The mid-term brings 5 neutral models, and the daily outlook is mostly bullish. Neutral at less than 7% short, the interbank confirms the 4-hour studies.
And 6 studies point South on Euro/Yen's 1-hour chart. The 4 and 24-hour scales turn neutral with 5 and 6 models, respectively, and they are supported by the 10% short interbank.
I'm Kiays Khalil and these were the Primary Daily Trading Signals. Check back in for the latest updates.
Video made by Dukascopy specialists
