Yahoo Finance Forex Trading Signals – November 23, 2017
Find out how the interbank compares with the technicals at 8 AM GMT. These are the Main Daily Trading Signals.
Euro/Dollar sees 5 neutral models in the short-term. The mid and long-term scales turn bullish with 4 and 7 studies, respectively, but the interbank is neutral at less than 15% long, matching the short-term technicals.
Next up is the Cable with 4 neutral models on its hourly chart. The 4-hour scale is split between green and neutral studies, and all 8 studies point North on the daily chart. Neutral at less than 2% long, the interbank supports the 1-hour models.
Dollar/Yen sees a mix of red and green models on its hourly chart. The mid and long-term scales turn bearish with 6 studies each, but, in contrast, the interbank is neutral at less than 12% long. Bearish signals prevail on Pound/Yen’s short and mid-term charts. The 24-hour scale sees 4 neutral models, and it’s confirmed by the less than 1% long interbank.
And 6 studies predict no major price changes on Euro/Yen’s short-term chart. The 4 and 24-hour scales see 5 sell prompts each, but the interbank points in the other direction, being bullish at more than 15% long.
This article was originally posted on FX Empire
