Forex Trading Signals – December 28, 2017

Find out how the interbank compares with the technicals at 8 AM GMT. These are the Main Daily Trading Signals.

There’s a sea of green across the table for the Euro/Dollar, which sees 7 buy prompts in the short-term and no less than 8 bullish signals in both the mid and long-term, and the technicals indeed are in line with the more than 16% long interbank.

The Cable also has bullish models prevailing in all three time ranges, with all 8 studies pointing North in the short-term, 7 green signals in the mid-term and 4 bullish models in the long-term, but, in contrast, the interbank is neutral at less than 9% short.

Next up is the Dollar/Yen with 6 and 5 sell prompts on its 1 and 4-hour charts, respectively. The 24-scale is mostly neutral, but the technicals are not supported by the interbank, which is bullish at more than 19% long.

All three time ranges bring different results for the Pound/Yen, which is mostly bearish in the short-term. The mid-term sees 6 neutral signals, and the long-term turns bullish with 5 models.

Neutral at less than 8% short, the interbank confirms the 4-hour models.

And Euro/Yen sees 4 bearish signals on its short-term chart. The mid-term is mostly neutral, and the long-term scale is overwhelmingly bullish with 7 buy prompts, matching the interbank, which is bullish as well at more than 34% long.