Yahoo Finance Forex Trading Signals – December 15, 2017
Hello, traders, you’re watching the Primary Daily Trading Signals for Friday.
Euro/Dollar sees consistent results across the table, as it has exactly 5 neutral studies in the short, mid and long-term, and they indeed are in line with the less than 8% long interbank.
The Cable also has neutral signals prevailing in all three time ranges, with 6 neutral studies in the short-term, 5 in the mid-term and 5 in the long-term, and the technicals are supported by the less than 2% short interbank.
Bearish models prevail on Dollar/Yen’s 1 and 4-hour charts. The 24-hour scale turns neutral with 6 studies, but, in contrast, the interbank is bullish at more than 22% long.
Next up is the Pound/Yen with 5 bearish signals on both its short and mid-term charts. The daily outlook turns neutral with 5 studies, and they are confirmed by the less than 14% long interbank.
And Euro/Yen sees a contradicting mix of red and green signals on its hourly chart. The mid-term is overwhelmingly bearish, and the long-term sees 4 neutral studies, but the technicals are not backed up by the interbank, which is bullish at more than 40% long.
This article was originally posted on FX Empire
