Yahoo Finance Forex Trading Signals – November 22, 2017
You’re watching the Main Daily Trading Signals for Wednesday. Here’s how the interbank compares with the technicals at 8 AM GMT.
Euro/Dollar is overwhelmingly bullish in the short-term. The mid-term is divided between green and neutral signals, and the daily outlook turns neutral with 5 models, matching the less than 13% long interbank.
The Cable sees 5 neutral models on its hourly chart. The 4-hour scale brings 4 buy prompts, and the 24-hour scale is back to neutral. The interbank is neutral as well at less than 1% long, in line with the short and long-term studies.
Dollar/Yen has 7 and 4 red signals on its short and mid-term charts, respectively. The long-term scale is mostly neutral, but, in contrast, the interbank is bullish at more than 20% long.
7 studies point South on Pound/Yen’s hourly chart. The mid and long-term scales turn neutral with 4 and 6 studies, respectively, and they are supported by the less than 3% long interbank.
And bearish signals prevail on Euro/Yen’s short and mid-term charts. The 24-hour scale sees 4 neutral indicators, and it’s confirmed by the 7% long interbank sentiment.
These were the Primary Daily Trading Signals. We’ll be providing you with the latest data throughout the day, so check back.
This article was originally posted on FX Empire
