Forex Trading Signals – August 15, 2017

Good morning, traders, the team is here with Tuesday’s Main Daily Trading Signals.

Euro/Dollar sees 4 and 5 sell prompts on its 1 and 4-hour charts, respectively, while the 24-hour scale brings 5 neutral signals, matching the less than 15% long interbank.

There’s red across the table for the Pound/Dollar, which sees 5 sell prompts in both the short and long-term and no less than 7 bearish models in the mid-term, and they indeed are supported by the more than 35% short interbank.
Bullish signals prevail on Dollar/Yen’s 1 and 4-hour charts, and the 24-hour scale turns neutral with 5 technicals but, in contrast, the interbank is strongly bearish at more than 40% short.

6 studies predict no major price changes on Pound/Yen’s hourly chart. The mid-term sees 4 buy prompts, and the daily outlook is split between red and neutral models. Neutral at less than 3% short, the interbank confirms the 1-hour models.
And Euro/Yen has neutral models dominating in the short-term. The mid-term sees 4 buy prompts, and the long-term is back to neutral. The interbank is bullish at more than 24% long, in line with the more than 24% long interbank.