Yuriy Ukazkin
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.
Video made by Dukascopy specialists
Yuriy Ukazkin
