Trading Signals [Video]

Dukascopy Bank Team Dukascopy Bank SA

let's get started with the Euro-Dollar pair we see mixed 3 sell 3 neutral and 2 buy we see 5 buy prompts in the midterm and 5 neutrals in the daily scale. The sentiment for this pair is bearish at close to 20% short.
next up is the cable it has green across the table 6 buy prompts in the short range and 8 green prompts in both the 4 hour and 24-hour scales. this pair is neutral at half % short Dollar-Yen pair has 4 neutrals in the short term the 4-hour chart is split between sell and neutral indicators and the daily scale has 6 red prompts. But the interbank sentiment is neutral at 11% long. over to the pound-yen pair, we see 4 green signals in both the 1 and 4-hour charts and 6 neutrals in the daily scale. the interbank sentiment here is bullish at over 17% long. and finally, we end with the euro-yen it has 5 neutrals in the short range the midterm has 6 buys and 4 sell indicators in the daily scale. The sentiment here is neutral at 6 and half % long.

Author

Dukascopy Bank Team

Dukascopy Bank SA

Dukascopy Bank stands as an innovative Swiss online banking institution, with its headquarters situated in Geneva, Switzerland.

EUR/USD hits two-day highs near 1.1820

EUR/USD picks up pace and reaches two-day tops around 1.1820 at the end of the week. The pair’s move higher comes on the back of renewed weakness in the US Dollar amid growing talk that the Fed could deliver an interest rate cut as early as March. On the docket, the flash US Consumer Sentiment improves to 57.3 in February.

GBP/USD reclaims 1.3600 and above

GBP/USD reverses two straight days of losses, surpassing the key 1.3600 yardstick on Friday. Cable’s rebound comes as the Greenback slips away from two-week highs in response to some profit-taking mood and speculation of Fed rate cuts. In addition, hawkish comments from the BoE’s Pill are also collaborating with the quid’s improvement.

Gold climbs further, focus is back to 45,000

Gold regains upside traction and surpasses the $4,900 mark per troy ounce at the end of the week, shifting its attention to the critical $5,000 region. The move reflects a shift in risk sentiment, driving flows back towards traditional safe haven assets and supporting the yellow metal.

Crypto Today: Bitcoin, Ethereum, XRP rebound amid risk-off, $2.6 billion liquidation wave

Bitcoin edges up above $65,000 at the time of writing on Friday, as dust from the recent macro-triggered sell-off settles. The leading altcoin, Ethereum, hovers above $1,900, but resistance at $2,000 caps the upside. Meanwhile, Ripple has recorded the largest intraday jump among the three assets, up over 10% to $1.35.

Three scenarios for Japanese Yen ahead of snap election

The latest polls point to a dominant win for the ruling bloc at the upcoming Japanese snap election. The larger Sanae Takaichi’s mandate, the more investors fear faster implementation of tax cuts and spending plans.

XRP rally extends as modest ETF inflows support recovery

Ripple is accelerating its recovery, trading above $1.36 at the time of writing on Friday, as investors adjust their positions following a turbulent week in the broader crypto market. The remittance token is up over 21% from its intraday low of $1.12.