Forex Trading Signals – November 14, 2017

These are the Main Daily Trading Signals for Tuesday. Here’s how the interbank compares with the technicals at 8 AM GMT.

Euro/Dollar has bullish signals prevailing on its short and mid-term charts, while the long-term scale turns neutral with 5 models, and it is in line with the 10% long interbank.

Next up is the Cable with 5 sell prompts on both its 1 and 4-hour charts. The 24-hour scale brings 4 neutral models, matching the less than 15% short interbank sentiment.

Dollar/Yen is overwhelmingly bullish in the short and mid-term, with 7 and 6 buy prompts, respectively. The long-term is mostly neutral, but the interbank is bullish at more than 31% long, and it confirms the 1 and 4-hour models.

Pound/Yen sees 5 and 4 neutral studies on its 1 and 4-hour charts, respectively. 24-hour chart is split between red and neutral indicators, but the interbank is neutral at less than 2% long, and it supports the short and mid-term studies.

And bullish signals prevail on Euro/Yen’s short and mid-term charts. The long-term scale turns neutral with 5 models, and it is backed up by the interbank, which is also neutral at less than 9% long.

This article was originally posted on FX Empire

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