Dukascopy Bank Team
Dukascopy Bank SA
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.
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.
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