Yahoo Finance Forex Trading Signals – February 23, 2018
These are the Daily Trading Signals for Friday. Here’s how the technicals compare with the interbank at 8 AM GMT.
Euro/Dollar has an equal number of 4 neutral signals in all three time scales, but the 22% long interbank is bullish.
The Cable’s short term indicators are split between bearish and neutral. Mid and long term models are mostly neutral, just like the 4% long interbank sentiment.
Dollar/Yen has 5 green prompts in the short term. Mid term shifts to neutral outlook and daily scale shows mixed results. Interbank stance is strongly bearish at 43% short.
Pound/Yen has 5 neutrals in both the 1 and 4-hour charts. There are 5 red prompts in the long term picture. Interbank exposure is just 1% short, in line with the short and mid term models.
Euro/Yen’s hourly models are mostly neutral, but both the mid and long term charts are mostly red. Interbank sentiment is bullish at 24% long.
This article was originally posted on FX Empire
