Forex Trading Signals – December 5, 2017

Kiays Khalil
Forex Trading Signals - December 05, 2017

You’re watching the Primary Daily Trading Signals for Tuesday. Let’s see how the interbank compares with the technicals at 8 AM GMT.

Euro/Dollar has neutral models prevailing in all three time ranges, with 5 in the short-term, 4 in the mid-term and 6 in the long-term, but, in contrast, the sentiment is bullish at more than 15% long. Bearish signals prevail on the Cable’s 1 and 4-hour charts. The 24-hour scale turns bullish with 4 studies, but the technical models are not supported by the interbank, which is neutral at less than 4% long.

Dollar/Yen has neutral models dominating on its short and mid-term charts. The daily outlook is divided between green and neutral indicators, but, once again, the technicals are not confirmed by the more than 22% long interbank.

6 studies point South on Pound/Yen’s hourly chart. The 4-hour scale is split between red and neutral models, and the 24-hour chart sees 5 buy prompts, but the interbank is neutral at less than 6% long and does not match the technicals.

And Euro/Yen sees 5 and 6 neutral models on its short and mid-term charts, respectively. The long-term scale is divided between green and neutral indicators. As to the interbank, it is bullish at more than 19% long and does not support the signals.

Don't miss a thing!

Discover what's moving the markets. Sign up for a daily update delivered to your inbox

Latest Articles

See All

Expand Your Knowledge

See All

Favorites

SymbolLast PriceChange
EURUSD
EUR/USD
1.1641
-0.0003
-0.03%
GBPUSD
GBP/USD
1.3069
-0.0007
-0.05%
XAUUSD
Gold
1223.6
-3.4400
-0.28%
CL
Crude Oil
67.605
-0.2250
-0.33%
SPX
S&P 500
2813.7
-2.2500
-0.08%
DAX
DAX 30
12746.7
+40.750
+0.32%
Live Quotes

Top Promotions

Top Brokers