It's time for Thursday's Primary Daily Trading Signals. Here's how the technicals compare with the interbank at 8 AM GMT.
Euro/Dollar sees 4 sell prompts in the short-term. The mid-term brings 6 neutral models, and the daily outlook is mostly bullish. Neutral at less than 10% long, the interbank matches the 4-hour studies.
The Cable has neutral signals prevailing in the short-term, whereas bullish signals dominate on the mid and long-term charts but, in contrast, the interbank is bearish at more than 21% short.
All three time ranges bring different results for the Dollar/Yen, which is mostly bullish in the short-term. The mid-term sees 6 neutral models, and the daily chart sees 5 sell prompts. Neutral at less than 7% short, the interbank supports the 4-hour studies.
There's green across the table for the Pound/Yen, which sees 6 buy prompts in the short-term, 7 in the mid-term and 5 in the long-term, but the technicals are not confirmed by the interbank, which is neutral at less than 3% short.
And Euro/Yen is mostly bullish in the short-term. The mid-term is split between green and neutral models, and the daily outlook turns neutral with 5 models. In contrast, the interbank is bearish at more than 15% short.
These were the Main Daily Trading Signals for Thursday. I'm Celeste Skinner and we'll be updating these stats throughout the day, so check back.
Video made by Dukascopy specialists