Mostly Neutral Signals for EUR/USD [Video]
|It's a new trading week, and time for the Dukascopy Trading Signals. Euro/Dollar's hourly signals are mixed, but both the mid and long term models are mostly neutral. Interbank sentiment is strongly bullish at nearly 43 percent short. The Cable has 5 neutral signals in both the 1 and 4-hour charts. 4 studies point up in the daily range. Interbank stance is neutral, matching the 1 and 4-hour signals. Dollar/Yen has 6 sell signals in the hourly chart. The mid-term models are mostly neutral and there's a mixed picture in the daily range. The more than 25 percent short interbank is in line with the hourly models. Pound/Yen has 4 red prompts in the short term chart. The mid and long term signals are mostly neutral. Interbank stance is pointing lower, just like the short term technical signals. Euro/Yen's hourly range brings mixed signals. 4 models are pointing lower in the 4-hour scale and there are 4 neutrals in the long term chart. Interbank sentiment is bearish at 22 percent short, confirming the 4-hour signals.
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.