Red Signals for the Cable [Video]

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.

 

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