Forex Trading Signals – January 03, 2018

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

All three time ranges bring different results for the Euro/Dollar, which sees 4 sell prompts in the short-term and 5 neutral models in the mid-term. The daily outlook is overwhelmingly bullish with 7 studies, and it matches the more than 19% long interbank.

Next up is the Cable with 5 neutral models on its hourly chart. The 4 and 24-hour scales turn bullish with 5 and 7 studies, respectively, but the interbank is neutral at 1% long, and it confirms the 1-hour technicals.

Dollar/Yen’s hourly chart is split between green and neutral models. The mid-term is mostly neutral, and the long-term sees 5 bearish signals, but, in contrast, the interbank is bullish at more than 24% long.

There’s green across the table for the Pound/Yen, which sees 5 buy prompts in the short-term, 6 in the mid-term and 7 in the long-term, but the technicals are not supported by the interbank, which is neutral at less than 2% short.

And bearish signals prevail on Euro/Yen’s short-term chart. The mid-term is mostly neutral, and the long-term turns green with 4 studies, matching the more than 49% long interbank sentiment.