Analysis

EUR/USD 1&4h Signals Point Up [Video]

Euro/Dollar has green signals across both the 1 and 4-hour charts. The daily range brings 5 neutral prompts, which is matched by the less than three percent long interbank stance. Pound/Dollar has a similar technical outlook, where most indicators are green in the 1 and 4-hour charts. Daily range brings 6 neutrals, but the 24 percent short interbank is bearish. Dollar/Yen has 6 neutrals in the hourly chart. The Mid and long term models are mostly pointing lower. Interbank sentiment is bullish at nearly 28 percent long. Pound/Yen has neutral signals in the lead of all three time scales, which is matched by the 2 percent long interbank. Euro/Yen has 5 studies pointing up in the hourly chart. Mid-term outlook is neutral and 5 models are red in the daily range. The only 8 percent long interbank is neutral, matching the 4-hour signals.

 

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