Dukascopy Bank Team
Dukascopy Bank SA
These are the Friday’s Dukascopy Daily Trading Signals. Here's how the technical indicators line up Euro/Dollar’s short term technicals mostly point higher, but outlook shifts to neutral in the mid and long term charts.
Interbank sentiment is bearish at 17% short. Pound/Dollar’s short term models are mostly neutral. Mid term indicators show mixed results and there are 5 green signals in the daily chart.
Interbank sentiment is bearish, just like the daily signals. Dollar/Yen’s 1 and 4-hour models are mostly pointing South.
There are 6 neutrals in the long term, which is matched by the less than 10% long interbank.
Pound/Yen has 4 sell signals in the hourly scale. Mid term models are mostly neutral and daily indicators show mixed results. The only 10% short interbank is in line with the 4-hour studies.
Euro/Yen’s hourly indicators are mixed.
Mid term models are mostly red and there are 4 neutrals in the long term. Interbank stance is neutral, just like the daily studies. I’m Kiays Khalil and that's all for this week's last Daily Trading Signals, goodbye 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.
Recommended Content
Editors’ Picks
EUR/USD stays below 1.0700 after US data
EUR/USD stays in a consolidation phase below 1.0700 in the early American session on Wednesday. The data from the US showed a strong increase in Durable Goods Orders, supporting the USD and making it difficult for the pair to gain traction.
USD/JPY refreshes 34-year high, attacks 155.00 as intervention risks loom
USD/JPY is renewing a multi-decade high, closing in on 155.00. Traders turn cautious on heightened risks of Japan's FX intervention. Broad US Dollar rebound aids the upside in the major. US Durable Goods data are next on tap.
Gold trades on the back foot, manages to hold above $2,300
Gold struggles to stage a rebound midweek following Monday's sharp decline but manages to hold above $2,300. The benchmark 10-year US Treasury bond yield stays in the green above 4.6% after US data, not allowing the pair to reverse its direction.
Worldcoin looks set for comeback despite Nvidia’s 22% crash Premium
Worldcoin price is in a better position than last week's and shows signs of a potential comeback. This development occurs amid the sharp decline in the valuation of the popular GPU manufacturer Nvidia.
Three fundamentals for the week: US GDP, BoJ and the Fed's favorite inflation gauge stand out Premium
While it is hard to predict when geopolitical news erupts, the level of tension is lower – allowing for key data to have its say. This week's US figures are set to shape the Federal Reserve's decision next week – and the Bank of Japan may struggle to halt the Yen's deterioration.