Yahoo Finance Forex Trading Signals – December 22, 2017
It’s time for this week’s last Main Daily Trading Signals. Here’s how the interbank compares with the technicals at 8 AM GMT.
First up is the Euro/Dollar with 5 and 6 neutral signals on its 1 and 4-hour charts, respectively. The 24-hour scale is mostly bullish, but the interbank is neutral at less than 14% long, matching the short and mid-term technicals.
The Cable sees a mix of green and neutral models on both its short and mid-term charts. The 24-hour scale turns neutral with 5 studies, and it is supported by the less than 6% short interbank.
Next up is the Dollar/Yen with 5 neutral signals in the short-term. The mid and long-term scales see 4 bullish signals each, and they are in line with the more than 20% long interbank.
Pound/Yen has bullish signals prevailing on its 1 and 4-hour charts. The 24-hour scale is divided between green and neutral models, but, in contrast, the interbank is neutral at less than 8% short.
And neutral signals prevail on Euro/Yen’s short and mid-term charts. The daily outlook sees 4 buy prompts, matching the more than 26% long interbank.
This article was originally posted on FX Empire
