Forex Trading Signals – September 28, 2017
These are the Main Daily Trading Signals for Thursday. Here’s how the interbank compares with the technicals at 8 AM GMT.
First up is the Euro/Dollar with 6 and 4 neutral signals on its short and mid-term charts, respectively. The daily outlook sees 6 sell prompts, but the interbank is neutral at less than 4% long, and it confirms the 1 and 4-hour models.
Next up is the Cable with 5 neutral models in the short-term. The mid-term brings 5 sell prompts, and the long-term is back to neutral but, in contrast, the interbank is bullish at more than 16% long.
Dollar/Yen sees 6 and 4 neutral signals on its 1 and 4-hour charts, respectively. The 24-hour scale is mostly bullish, and the interbank is neutral at less than 12% long, matching the short and mid-term models.
Pound/Yen has 4 neutral models in the short-term, 6 neutral indicators in the mid-term and 4 bullish signals in the long-term. As to the interbank, it is neutral at less than 7% long, in line with the 1 and 4-hour studies.
And Euro/Yen has neutral signals prevailing on its short-term chart. The mid-term is split between green and neutral models, and the long-term is back to neutral with 6 studies, but the technicals are not supported by the interbank, which instead is bullish at 36% long.
This article was originally posted on FX Empire
