These are the Main Daily Trading Signals for Thursday. Here's how the interbank lines up with the technicals at 8 AM GMT.
Bearish signals prevail on Euro/Dollar's hourly chart. The mid-term brings 4 neutral indicators, and the daily outlook is split between red and neutral models. Neutral at less than 6% long, the interbank matches the 4-hour studies.
The Cable has neutral indicators prevailing in all three time ranges, with 5 in the short-term and 6 in both the mid and long-term, but, in contrast, the interbank is bearish at more than 23% short.
All three time ranges bring different results for the Dollar/Yen, which is mostly bullish in the short-term and neutral in the mid-term. The long-term turns red with 6 models, in line with the more than 26% short interbank.
Pound/Yen sees bullish models prevailing on its 1 and 4-hour charts, whereas the 24-hour scale brings 4 sell prompts, but the technicals are not supported by the interbank, which is neutral at less than 1% short.
And Euro/Yen has green signals dominating on its short and mid-term charts. The daily scale turns bearish with 6 studies, but the technicals are not confirmed by the interbank, which is neutral at less than 13% short.
I'm Jessica Walker and these were the Primary Daily Trading Signals for Thursday. Check back in throughout the day for the latest updates.
Video made by Dukascopy specialists
