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Forex Trading Signals – March 30, 2018

Forex Trading Signals – March 30, 2018

Let’s find out how the interbank sentiment compares with technical indicators at 8 AM GMT on this Thursday.

Technical models show mixed results for the Euro/Dollar in the short term. Mid term outlook is bearish and most of the studies are neutral in the long term, which is in line with the 13% long interbank sentiment.

Pound/Dollar’s technicals show a similar outlook – hourly models are mixed. All 8 models point South in the mid term and 6 studies are neutral in the long term. Interbank stance is neutral at only 7% long.

Dollar/Yen has an even number of 4 sell and 4 neutral signals in the hourly chart. Mid and long terms bring 4 and 5 neutrals respectively, but the close to 42% short interbank exposure is strongly bearish.

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Pound/Yen has 6 sell signals in the hourly scale. Mid term outlook is neutral and daily range brings 6 green signals. The only 5% long interbank is neutral, just like the 4-hour indicators.

Euro/Yen has 4 sell signals in the short term. Mid term models are mostly neutral and 4 studies point North in the long term, which are backed up by the 16% long interbank.

This article was originally posted on FX Empire

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