You're watching the Daily Trading Signals for Monday. Here's how the interbank sentiment lines up with the technical indicators at 8 AM GMT.
Euro/Dollar's short and mid term indicators are mostly neutral, but the daily range shows a mixed picture. The 18% long interbank is bullish.
Pound/Dollar has 5 neutral prompts in the hourly scale. Mid and long terms have 4 and 5 green signals respectively. The only 14% short interbank sentiment is in line with the short term signals. Dollar/Yen's 1 and 4 hour charts show mostly neutral prompts. There are 6 red signals in the daily picture, which is in line with the 39% short interbank exposure.
Pound/Yen has 4 neutrals in the short term, but both the mid and long terms are mostly green. Interbank stance is less than 7% short, matching the hourly outlook.
Euro/Yen's hourly studies are mixed. Mid and long terms have 4 and 5 neutrals respectively, which is confirmed by the 3% long interbank.
This article was originally posted on FX Empire
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
