Hello, I'm Jessica Walker with Wednesday's Main Daily Trading Signals. Here's how the technical studies compare with the interbank sentiment at 8 AM GMT.
Euro/Dollar sees 4 neutral indicators on its short-term chart, and the mid-term is split between red and neutral models. The daily outlook is overwhelmingly bearish, but the interbank is neutral at less than 11% short, and it matches the 1-hour models.
Neutral indicators prevail across the table for the Pound/Dollar, which has 6 neutral models on its 1 and 24-hour charts and 5 on its 4-hour scale. In contrast, the interbank is bullish at more than 21% long.
All three time ranges bring different results for the Dollar/Yen, which is mostly bearish in the short-term and neutral in the mid-term. The daily outlook turns green with 5 studies, and it is in line with the more than 49% long interbank.
Next up is the Pound/Yen with 5 and 6 neutral models on its 1 and 4-hour charts, respectively, and 7 buy prompts on its 24-hour scale. Neutral at less than 14% long, the interbank confirms the short and mid-term studies.
And Euro/Yen sees 5 neutral indicators on its short-term scale. The mid and long-term charts turn red with 5 and 7 studies, respectively. Neutral at less than 9% long, the interbank supports the 1-hour models.
You've been watching the Primary Daily Trading Signals for Wednesday. Check back in throughout the day for the latest updates.
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