Forex Trading Signals – December 14, 2017

These are the Main Daily Trading Signals for Thursday. Let’s see how the intebank compares with the technicals at 8 AM GMT.

Euro/Dollar sees 5 neutral models in the short-term. The mid-term is mostly bullish, and the long-term is back to neutral. The interbank is neutral as well at less than 10% long, matching the 1 and 24-hour studies.

All three time ranges bring different results for the Cable, which sees 4 neutral models in the short-term, 6 buy prompts in the mid-term and 4 bearish signals in the long-term. Neutral at less than 2% short, the interbank confirms the short-term studies.

Dollar/Yen has neutral models prevailing on its hourly chart. The 4-hour scale sees 4 bearish studies, and the 24-hour chart is back to neutral with 5 models. In contrast, the interbank is bullish at more than 23% long.

5 studies point North on Pound/Yen’s 1-hour chart. The mid and long-term scales turn neutral with 4 and 6 studies, respectively, and they are supported by the less than 8% long interbank sentiment.

And Euro/Yen’s hourly chart is split between green and neutral models. The mid and long-term scales see 5 neutral signals each, but the technicals are not in line with the interbank, which is bullish at more than 23% long.