Yahoo Finance Forex Trading Signals – November 21, 2017
Find out how the interbank compares with the technicals at 8 AM GMT. These are the Main Daily Trading Signals.
Euro/Dollar sees 4 neutral signals in the short-term. The mid-term is split between red and neutral models, and the long-term is back to neutral. The interbank is neutral as well at 13% long, matching the short and long-term studies.
The Cable is overwhelmingly bullish in all three time ranges, with 8 buy prompts on its short-term chart and 7 bullish signals on both its mid and long-term scales, but the technicals are not confirmed by the interbank, which is neutral at less than 3% short.
Next up is the Dollar/Yen with 5 neutral models on both its 1 and 4-hour scales. The 24-hour chart turns red with 5 models, but, in contrast, the interbank is actually bullish at 20% long. Pound/Yen sees 5 bullish signals on both its short and mid-term charts. The daily outlook brings 4 neutral models, and it is supported by the less than 2% long interbank sentiment.
And neutral signals prevail across the chart for the Euro/Yen, as it sees 6 neutral models on its 1 and 4-hour charts and 4 neutral indicators on its 24-hour scale. The interbank is neutral as well at less than 14% long, and it confirms the technicals.
This article was originally posted on FX Empire
