Forex Trading Signals – February 02, 2018
Let’s find out how the technicals compare with the interbank at 8 AM GMT on this Friday.
Euro/Dollar’s hourly chart shows mixed results. Mid and long terms both have mostly green signals, which is in line with the 35% long interbank sentiment.
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The Cable’s short term brings 5 sell prompts. Mid term outlook shifts to neutral and daily range is mostly green. The only 5% short interbank is neutral, just like the 4-hour studies.
Dollar/Yen’s 1 and 4 hour charts have 4 and 7 buy prompts respectively. Long term outlook is mixed. Interbank stance is strongly bearish at 38% short.
There are 4 neutrals in the Pound/Yen’s short term. Mid and long terms are dominated by green prompts, matching the 49% long interbank.
There’s green across all three time ranges for the Euro/Yen, which is confirmed by the 26% long interbank sentiment.