Yahoo Finance Forex Trading Signals – January 18, 2018
Find out how the interbank compares with the technicals at 8 AM GMT. These are the Main Daily Trading Signals.
All three time ranges bring different results for the Euro/Dollar, which is mostly bearish in the short-term. The mid-term sees 4 neutral signals, and the long-term turns bullish with 6 studies, matching the more than 41% long interbank.
Next up is the Cable with 5 bearish signals on its short-term chart and 5 neutral models on its mid-term scale. The daily outlook is mostly bullish, but the interbank is neutral at less than 8% long, in line with the 4-hour studies.
Dollar/Yen sees 4 and 5 neutral indicators on its 1 and 4-hour charts, respectively, whereas the 24-hour scale brings 5 sell prompts. Neutral at less than 4% short, the interbank confirms the short and mid-term models.
Neutral models prevail across the table for the Pound/Yen, which sees 6 neutral signals in the short-term, 5 in the mid-term and 4 in the long-term but, in contrast, the interbank is bullish at more than 41% long.
And 4 studies point South on Euro/Yen’s hourly chart. The mid and long-term scales are mostly neutral, but the technicals are not backed up by the interbank, which is bullish at more than 31% long.
This article was originally posted on FX Empire
