Yahoo Finance Forex Trading Signals – January 15, 2018
These are the Main Daily Trading Signals for Monday. Here’s how the technicals compares with the interbank at 8 AM GMT.
Euro/Dollar sees a mix of green and neutral models on its hourly chart. The mid and long-term scales turn green with 6 and 4 models, respectively, and they are in line with the more than 42% long interbank.
There’s green across the table for the Pound/Dollar, which sees 5 buy prompts in both the short and long-term and 6 bullish models in the mid-term but, in contrast, the interbank is neutral at less than 2% long.
5 studies predict no major price changes on Dollar/Yen’s short-term chart. Bearish models prevail on the 4 and 24-hour charts, but the interbank is neutral at less than 7% long, matching the 1-hour technicals.
Pound/Yen has neutral models prevailing across the table, with 4 neutral signals on both its 1 and 4-hour charts and 6 on its 24-hour scale, but the technicals are not supported by the interbank, which is bullish at more than 30% long.
And Euro/Yen sees exactly 5 neutral signals in both the short, mid and long-term scales, but, once again, the technicals do not match the interbank, which instead is bullish at 16% long.
This article was originally posted on FX Empire
