You're watching the Main Daily Trading Signals for Wednesday. Here's how the technical models compare with the interbank stance at 8 AM GMT.
Euro/Dollar’s outlook varies by time ranges – hourly studies are bearish, mid term is mostly neutral and long term shifts to bullish. The only 3% long interbank matches the mid term studies.
The Cable’s hourly indicators are mixed. Mid term brings 4 green signals and daily scale has 4 neutral signals. Interbank stance is strongly bearish at more than 42% short.
Dollar/Yen’s hourly studies are mostly green. 5 indicators are neutral in the mid term and most of the models are pointing South in the daily range. The only 1% short interbank sentiment is in line with the 4 hour outlook.
Pound/Yen has 4 neutrals in the hourly chart. 5 models are green in the mid term and 4 signals are bearish in the daily range. Interbank exposure is neutral at only 4% short, matching the hourly studies.
Euro/Yen’s 1 and 4 hour charts bring 4 and 5 neutrals respectively. 6 indicators are red in the daily scale. Interbank sentiment is just 6% short, just like the 1 and 4 hour technicals.
I’m Kiays Khalil and that's all for Wednesday's Primary Daily Trading Signals. Check back throughout the day for the latest updates.
Video made by Dukascopy specialists