Yahoo Finance Forex Trading Signals – November 24, 2017
You’re watching the Primary Daily Trading Signals for Friday. Here’s how the interbank lines up with the technicals at 8 AM GMT.
Euro/Dollar sees 5 neutral models in the short-term, but the mid and long-term scales turn bullish with 5 and 7 studies, respectively, and they are in line with the more than 17% long interbank.
Next up is the Cable with 5 neutral signals on both its short and mid-term charts. The long-term scale brings 5 buy prompts, but the interbank is neutral at less than 10% long, matching the 1 and 4-hour technicals.
5 studies predict no major price changes on Dollar/Yen’s hourly chart. The 4-hour scale is divided between red and neutral models, and the 24-hour chart sees 6 sell prompts. Neutral at less than 11% long, the interbank confirms the short-term studies. Pound/Yen sees 5 bearish models on its hourly chart. The mid and long-term scales turn neutral with 6 and 4 studies respectively, and they are supported by the less than 2% long interbank.
And neutral models prevail on Euro/Yen’s short-term chart. The mid-term brings 5 buy prompts, and the long-term is back to neutral. The interbank is bullish at more than 17% long, and it confirms the 4-hour models.
This article was originally posted on FX Empire
