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.
Video made by Dukascopy specialists
