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Forex Trading Signals – February 07, 2018

By:
Jessica Walker
Published: Feb 7, 2018, 09:42 UTC

Good morning, traders, you're watching the Daily Trading Signals for Wednesday. Euro/Dollar’s technical indicators are mostly neutral in all three time

Forex Trading Signals - February 07, 2018

Good morning, traders, you’re watching the Daily Trading Signals for Wednesday.

Euro/Dollar’s technical indicators are mostly neutral in all three time scales, but the 28% long interbank is bullish.

The Cable has 5 neutrals in the short term, 5 red prompts in the mid term and mixed results in the daily range. The close to 19% short interbank is bearish, just like the 4 hour models.

Most of the models point South for the Dollar/Yen in the short term. Mid and long term indicators are mostly neutral. The 42% short interbank sentiment is in line with the hourly studies.

Pound/Yen has 5 red signals in the hourly scale, but both the mid and long terms show mixed results. Interbank stance is bullish at 19% long.

There are 5 sell signals in the euro/Yen’s short term. Mid term has an equal number of 3 sell and 3 neutral prompts and hourly models are mostly neutral. The close to 27% long interbank is bullish.

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