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Forex Trading Signals – March 5, 2018

Forex Trading Signals – March 5, 2018

Good morning, traders, the TV team is here with Monday’s Daily Trading Signals.

Euro/Dollar has 6 indicators pointing South in the hourly chart. Mid and long terms both have 6 neutrals, which are in line with the less than 14% long interbank sentiment.

Short and long term models are mostly red for the Cable. Mid term brings 4 neutrals, matching the less than 1% long interbank.

There’s red across all three tables for the Dollar/Yen and technicals are confirmed by the close to 42% short interbank stance.

Studies are mostly pointing South in all three time ranges for the Pound/Yen as well and this outlook is matched by the 31% short interbank exposure.

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Euro/Yen has 7 sell signals in the short term, 4 in the mid term and 6 in the long term. Interbank sentiment is neutral at less than 14% long.

This article was originally posted on FX Empire

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