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Forex Trading Signals – February 08, 2018

By:
Jessica Walker
Published: Feb 8, 2018, 11:02 UTC

Let’s see how the technical indicators line up with the interbank sentiment at 8 AM GM on this Thursday. Euro/Dollar has 4 neutrals in the hourly scale.

Forex Trading Signals - February 08, 2018

Let’s see how the technical indicators line up with the interbank sentiment at 8 AM GM on this Thursday.

Euro/Dollar has 4 neutrals in the hourly scale. Mid term chart is mostly red and daily range shows mixed results. Interbank sentiment is bullish at close to 20% long.

Most of the indicators are neutral for the Cable in the short term. Mid and long terms bring 4 and 5 sell signals respectively, which is backed up by the 16% short interbank stance.

Dollar/Yen’s 1 and 4 hour charts show mostly neutral signals. Daily range brings mixed results, but the 46% short interbank exposure is strongly bearish.

Pound/Yen’s short and mid terms have 4 and 5 neutrals respectively. Daily models shift towards bearish outlook. Interbank sentiment is bullish at 26% long.

Euro/Yen has 3 buy and 3 neutral prompts in the short term. There are 5 neutrals in the mid terms and daily range brings 4 sell and 4 neural signals. The close to 25% long interbank is bullish.

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