Forex Trading Signals September 06, 2017
You’re watching the Daily Trading Signals for Wednesday. Here’s how the technical indicators compare with the interbank stance at 8 AM GMT.
Euro/Dollar’s 1 and 4-hour charts are dominated by green indicators. Signals are mixed in the long term and the less than 15% long interbank is neutral.
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The Cable’s hourly chart shows mixed results. Mid and long terms, however, are clearly bullish, which is in contrast with the almost 29% short interbank.
Most of the indicators are neutral in the Dollar/Yen’s short term. Mid term has 4 red prompts and daily scale brings an equal number of 3 sell and 3 neutral signals. The 30% short interbank sentiment is in line with the 4-hour outlook.
Pound/Yen has neutrals across the table – 5 in the short term and 6 in both the mid and long terms, matching the only 3% short interbank exposure. Euro/Yen’s hourly chart has 4 buy and 4 neutral prompts. Mid tem is mostly bearish and daily scale is led by 5 neutrals. The close to 28% long interbank sentiment is bullish.