Yahoo Finance Forex Trading Signals – February 19, 2018
You’re watching this week’s first Daily Trading Signals. Here’s how the interbank sentiment compares with the technical models at 8 AM GMT.
Euro/Dollar’s 1 and 4-hour charts both have 4 red signals. Daily range is led by 4 neutrals, but the close to 29% long interbank sentiment is bullish.
The Cable’s short term studies are mostly bearish. Mid term shows mixed results and 4 studies are neutral in the long term, which matches the only 7% long interbank stance.
Dollar/Yen’s short and mid term indicators are mostly pointing North. There are 5 sell signals in the daily range and they are in line with the 38% short interbank exposure.
Pound/Yen has 4 bullish prompts in the daily range. Mid term outlook shifts to neutral and then to bearish in the long term. The only 1% long interbank confirms the 4-hour technicals.
Euro/Yen’s hourly models are mostly pointing up. Mid term studies are neutral and there’s red across the daily table. Interbank sentiment is 30% long, just like the hourly models.
This article was originally posted on FX Empire
