These are the Dukascopy Daily Trading Signals for Monday. Here's how the technicals compare with the interbank at 8 AM GMT. Euro/Dollar has 5 neutral signals in the hourly chart. The mid term models show mixed results and 6 studies point lower in the daily chart. Interbank sentiment is bullish at more than 23 percent long. Most of the indicators are red in all three time ranges for the Cable, but the only 5 percent long interbank stance is neutral. Dollar/Yen's 1 and 4-hour charts bring 5 and 4 green prompts respectively. The daily models show mixed results. Interbank exposure is neutral at only 10 percent short. Pound/Yen has 5 neutral signals in both the 1 and 4-hour charts. There are 4 sell prompts in the daily range. The more than 20 percent long interbank is bullish. Euro/Yen's short and mid term charts have 4 and 6 neutrals respectively. 6 models point lower in the daily chart. Interbank sentiment is neutral, matching the 1 and 4-hour indicators.


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.

Feed news

Latest Forex Analysis

Editors’ Picks

EUR/USD extends gains to 1.1200 on sliding US yields, weak data

EUR/USD is trading close to 1.1200, in the wake of the European session as US yields continue falling. The European Parliament elections are in play. US durable goods fell short of expectations with -2.1%. 


GBP/USD off the highs as May announces stepping down on June 7th

GBP/USD is trading below 1.2700 after a quick rise to the upside as UK PM Theresa May announced she will step down on June 7th with Boris Johnson set to take over.


USD/JPY: consolidating losses below 110.00

Japanese yearly inflation rose by 0.9% in April, more than doubling the market's expectations. US Treasury yields bounced modestly, limiting the USD/JPY pair slump.


Top 3 Price Prediction Bitcoin, Ripple, Ethereum: The market may surprise on the upside in the next few hours with BTC/USD topping $8,250

We reach the end of a week can be characterized as a week of transition. After the strongly bullish days of the beginning of the month, cryptos have reached critical levels of resistance...

Read more

Gold: Bullish flag pattern spotted on 1-hourly chart

The lower end of the descending trend-channel coincides with 200-hour EMA support and should act as a key pivotal point for intraday traders. 

Gold News