Forex Trading Signals – February 06, 2018
These are the Daily Trading Signals for Tuesday. Here’s how the technicals compare with the interbank at 8 AM GMT.
Technical studies are mostly neutral in both the short and long terms for the Euro/Dollar. Mid term brings 4 sell signals, but the 32% long interbank is bullish.
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The Cable’s hourly models show mixed results. Mid term turns bearish and daily scale has 5 neutrals. The 16% short interbank stance is bearish, just like the 4-hour models.
Dollar/Yen has 6 neutral indicators in the hourly scale. 5 studies point South in the mid term and daily range is mixed. Interbank sentiment is strongly bearish at 46% short.
Pound/Yen’s hourly and daily scales both have 5 neutral prompts. 4 studies are red in the mid term, but the 42% long interbank is strongly bullish.
Euro/Yen’s short and long terms both have 6 neutral signals. There are 5 red prompts in the 4-hour chart, but the 32% long interbank is bullish.