These are the Dukascopy Daily Trading Signals for Wednesday. Here's how the technicals compare with the interbank at 8 AM GMT.
Euro/Dollar has 5 neutral signals in both the 1 and 4-hour charts. Daily models show mixed results. Interbank sentiment is bearish at close to 23% short.
Dollar/Yen’s short and long term models show mixed results. 4-hour models are mostly neutral, just like the less than 1% short interbank.
Pound/Yen has 5 neutrals in the short term chart. Mid and long term technicals mostly point up. The only 6% long interbank matches the hourly indicators.
Euro/Yen has neutral signals in the lead of all three time scales, but the 28% long interbank is bullish.
I'm Jack Everitt and these were the Dukascopy Daily Trading Signals for Wednesday. Bye for now.
This overview can be used only for informational purposes. Dukascopy SA is not responsible for any losses arising from any investment based on any recommendation, forecast or other information herein contained.