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Forex Trading Signals – February 20, 2018

Forex Trading Signals – February 20, 2018

You’re watching the Daily Trading Signals for Tuesday. Here’s how our in-house model tests out.

Euro/Dollar has red across both the 1 and 4-hour charts. Daily range brings 6 neutrals. The 26% long interbank sentiment is bullish.

Pound/Dollar shows a similar picture – both the short and mid term models are mostly red and daily outlook shifts to neutral, which is in line with the only 3% long interbank sentiment.

Dollar/Yen has 8 and 6 buy signals in the 1 and 4-hours respectively. 4 models are neutral in the long term, but the 34% short interbank stance is bearish.

Pound/Yen has an equal number of 5 neutrals in both the 1 and 4-hour charts. 4 models are red in the long term. The only 4% long interbank is in line with the short and mid term indicators.

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Euro/Yen’s 1 and 4-hour charts show mostly neutral signals. 5 models are red in the daily scale. The 35% long interbank points in a different direction.

This article was originally posted on FX Empire

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