It's time for Wednesday's Primary Daily Trading Signals. Here's how the technical studies line up with the interbank sentiment at 8 AM GMT.
Bullish models prevail on Euro/Dollar's 1 and 4-hour charts, but the 24-hour scale turns neutral with 6 studies, and it is confirmed by the less than 9% long interbank stance.
Next up is the Pound/Dollar with 5 neutral models on its short-term chart. The mid-term scale is split between green and neutral models, and the daily outlook is back to neutral, but, in contrast, the interbank is bearish at more than 21% short.
Dollar/Yen is mostly bearish in the short-term and neutral in the mid-term. The daily outlook brings a mix of neutral and green indicators, but the interbank is bullish at more than 43% long, and it does not match the technical models.
Pound/Yen sees 4 neutral signals on its 1 and 24-hour charts, whereas the 4-hour scale is mostly bullish. Neutral at less than 4% long, the interbank backs up the short and long-term studies.
And Euro/Yen's short, mid and long-term scales are all divided between green and neutral indicators, but they are not supported by the interbank, which is neutral at less than 13% short.
That's all for Wednesday's Main Daily Trading Signals, but you may get the latest data with the hourly updates.
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