Forex Trading Signals – August 14, 2017

Good morning, traders, the team brings you Monday’s Main Daily Trading Signals.

Euro/Dollar sees 5 neutral models on both its short and mid-term charts, whereas the daily outlook is divided between green and neutral models, but, in contrast, the interbank is bullish at more than 17% long.

The Cable has consistent results across the chart, as it has exactly 5 neutral models in the short, mid and long-term, but the interbank is actually strongly bearish at more than 39% short, and it does not confirm the technicals.

Dollar/Yen is overwhelmingly bullish in the short-term. The mid-term is split between green and neutral models, whereas the long-term brings 5 sell prompts, and it’s in line with the more than 28% short interbank.

Bullish signals prevail on Pound/Yen’s 1-hour chart. The 4-hour scale sees 4 neutral models, and the 24-hour chart is mostly bearish. As to the interbank, it is neutral at less than 1% long, matching the mid-term studies.

And Euro/Yen sees 4 and 6 bullish signals on its short and mid-term charts, respectively, while the daily scale is split between red and neutral models. The interbank is bullish at more than 36% long, and it supports the 1 and 4-hour studies.