You're watching the Main Daily Trading Signals for Tuesday. I'm Sinead MacLaughlin and here's how the interbank sentiment lines up with the technical models at 8 AM GMT.
First up is the Euro/Dollar with 5 neutral indicators on both its 1 and 4-hour charts and 6 bearish signals on its hourly chart. The interbank is neutral at less than 2% long, and it supports the short and mid-term studies.
Pound/Dollar is divided between red and neutral models on both its short and mid-term charts, and the daily outlook is mostly bearish. In contrast, the interbank is neutral at less than 10% long.
There's green across the table for the Dollar/Yen, which has 5 buy prompts in the short-term and 4 in both the mid and long-term, and the technical models are backed up by the more than 51% long interbank stance.
Bullish indicators prevail on Pound/Yen's 1 and 4-hour scales, but the 24-hour chart brings 4 neutral models, and it is in line with the less than 8% long interbank stance.
And Euro/Yen sees exactly 4 neutral indicators on its short, mid and long-term charts. The interbank is neutral as it is almost at a balance, and it confirms the technical models.
You've been watching the Primary Daily Trading Signals for Tuesday. Stay tuned for the hourly updates.
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