|

Bearish Signals for EUR/USD [Video]

Find out how the interbank compares with the technicals at 8 AM GMT by watching the Dukascopy Daily Trading Signals. Euro/Dollar’s technicals are mostly red in all three time ranges and they are in line with the 22% short interbank sentiment. Pound/Dollar’s short term technicals are mixed. Mid and long term charts have 6 and 4 sell signals respectively. Interbank stance is neutral at only 3% long. Dollar/Yen’s outlook is neutral in both the short and mid terms. Daily models are mostly red. Interbank exposure is bullish at 20% long. There are 5 neutrals in the Pound/Yen’s hourly scale. Mid and long terms have 4 and 5 sell prompts respectively. The only 13% long interbank matches the hourly studies. Euro/Yen has 6 neutrals in the hourly chart. Mid and long terms both have 6 sell signals. The less than 2% short interbank is in line with the short term technicals. You've been watching the Daily Trading Signals for Friday with me, Kiays Khalil.

Author

Dukascopy Bank Team

Dukascopy Bank Team

Dukascopy Bank SA

Dukascopy Bank stands as an innovative Swiss online banking institution, with its headquarters situated in Geneva, Switzerland.

More from Dukascopy Bank Team
Share:

Editor's Picks

EUR/USD consolidates around 1.0900, bullish bias remains ahead of key US data

The EUR/USD pair is seen consolidating its strong gains registered over the past two days and oscillating in a narrow band during the Asian session on Tuesday. Spot prices currently trade around the 1.1900 mark, just below an over one-week high touched the previous day.

GBP/USD edges lower below 1.3700 on UK political risks, BoE rate cut bets

The GBP/USD pair trades on a weaker note around 1.3685 during the European session on Tuesday. The Pound Sterling edges lower against the US Dollar amid political risk in the United Kingdom and rising expectations of near-term Bank of England rate cuts. 

Gold: Will US Retail Sales data propel it above $5,100?

Gold hovers below weekly highs of $5,087 early Tuesday, await US Retail Sales data. The US Dollar enters a downside consolidation phase amid persistent Japanese Yen strength and worsening labor market. Gold settled Monday above $5,000, now looks to take out $5,100 amid bullish daily RSI.

Top Crypto Gainers: World Liberty Financial, MemeCore and Quant gain momentum

World Liberty Financial, MemeCore, and Quant are leading gains over the last 24 hours as the broader cryptocurrency market stabilizes after last week’s correction. Still, the technical outlook for altcoins remains mixed due to prevailing downside pressure and vulnerable market sentiment. 

Follow the money, what USD/JPY in Tokyo is really telling you

Over the past two Tokyo sessions, this has not been a rate story. Not even close. Interest rate differentials have been spectators, not drivers. What has moved USD/JPY in local hours has been flow and flow alone.

Ripple exposed to volatility amid low retail interest, modest fund inflows

Ripple (XRP) is extending its intraday decline to around $1.40 at the time of writing on Monday amid growing pressure from the retail market and risk-off sentiment that continues to keep investors on the sidelines.