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Forex Trading Signals – February 28, 2018

Forex Trading Signals – February 28, 2018

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

Euro/Dollar’s 1 and 4 hour models are mostly bullish, but outlook shifts to neutral in the long term chart. The 15% long interbank sentiment matches the short and mid term outlooks.

All three time scales are led by neutral indicators for the Pound/Dollar, which is in line with the less than 8% long interbank stance.

Dollar/Yen has 5 neutrals in the short term, mid term is mixed and most of the studies are neutral in the daily scale. Interbank exposure is strongly bearish at 45% short.

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Both the 1 and 4 hour charts have an equal number of 4 buy and 4 neutral signals for the Pound/Yen. 4 models are neutral in the long term, just like the only 5% long interbank.

Euro/Yen’s short and mid terms both have 6 green indicators. 6 models are neutral in the long term, matching the only 6% long interbank sentiment.

This article was originally posted on FX Empire

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