Forex Trading Signals – January 11, 2018

These are the Primary Daily Trading Signals for Thursday. Here’s how the technicals compare with the interbank at 8 AM GMT.

Euro/Dollar sees 5 sell prompts in the short-term. The mid and long-term scales turn neutral with 4 models each, but, in contrast, the interbank is quite bullish at more than 33% long. 7 signals point South on Pound/Dollar’s 1 and 4-hour charts, whereas the daily outlook brings 6 neutral models, and it is confirmed by the less than 2% short interbank sentiment.

All three time ranges bring different results for Dollar/Yen, which sees 5 bullish models in the short-term, 5 neutral signals in the mid-term and 6 bearish indicators in the long-term. Bullish at 21% long, the interbank matches the 1-hour studies.

Next up is the Pound/Yen with 6 neutral models in the short-term. The mid-term sees 5 sell prompts, and the long-term is back to neutral, but the technicals are not supported by the interbank, which is bullish at more than 47% long.

And things look similar for the Euro/Yen as it also has neutral signals prevailing in the short and long-term and 5 bearish signals in the mid-term and, once again, the technicals are not in line with the more than 35% long interbank.