Yahoo Finance Forex Trading Signals – December 13, 2017
Let’s see how the interbank compares with the technicals at 8 AM GMT. These are the Main Daily Trading Signals for Wednesday.
Euro/Dollar sees 5 neutral models in the short-term. The mid and long-term charts turn bearish with 6 and 5 studies, respectively, but the interbank is neutral at less than 9% long, and it supports the short-term studies.
All three time ranges bring different results for the Cable, which is mostly bullish in the short-term. The mid-term sees 5 neutral models, and the daily outlook brings 5 sell prompts. Neutral at less than 6% short, the interbank confirms the 1-hour technicals.
Neutral signals dominate on Dollar/Yen’s short and mid-term charts. The long-term scale turns bullish with 4 models, in line with the more than 26% long interbank sentiment. Pound/Yen’s hourly chart is split between green and neutral models.
The mid-term is mostly bearish, and the long-term sees 5 neutral signals. The interbank is neutral as well at less than 9% long, matching the 24-hour models.
And Euro/Yen sees 4 and 6 bearish models on its 1 and 4-hour charts, respectively. The 24-hour scale is mostly neutral, but, in contrast, the interbank is bullish at more than 25% long.
This article was originally posted on FX Empire
