Yahoo Finance Forex Trading Signals – January 19, 2018
Hello, traders, you’re watching the Main Daily Trading Signals for Friday.
There’s green across the table for the Euro/Dollar, which sees 5 buy prompts in the short-term, 7 in the mid-term and 4 in the long-term, and the technicals are in line with the more than 42% long interbank.
The Cable also sees bullish signals prevailing in all three time ranges, with 4 green models on its short-term chart and 5 on both its mid and long-term scales, but, in contrast, the interbank is neutral at less than 10% long.
Bearish models dominate across the chart for the Dollar/Yen, which sees no less than 7 sell prompts in the short-term, 4 in the mid-term and 5 in the long-term, but the interbank is neutral at less than 3% short and does not support the technicals.
All three time ranges bring different results for the Pound/Yen, which is mostly bearish in the short-term and neutral in the mid-term. The daily outlook is overwhelmingly bullish with 7 models, and it matches the more than 22% long interbank.
And Euro/Yen’s 1 and 24-hour charts are both split between red and neutral signals. The 4-hour scale sees 6 neutral indicators, but the technicals are not backed up by the interbank, which is bullish at more than 27% long.
This article was originally posted on FX Empire
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