Forex Trading Signals – January 25, 2018

You’re watching the Primary Daily Trading Signals for Thursday. Here’s how the interbank compares with the technicals at 8 AM GMT.

Neutral signals prevail on Euro/Dollar’s hourly chart, but the 4 and 24-hour scales turn strongly bullish with 4 and 8 studies, respectively, and they are very much in line with the more than 48% interbank.

Things look very similar for the Cable as it too has 5 neutral signals in the short-term. The mid and long-term scales bring 4 and 8 bullish signals, respectively, matching the more than 15% long interbank.

Next up is the Dollar/Yen with 5 neutral signals in the short-term. The mid and long-term charts turn bearish with 5 and 7 studies, respectively, and, once again, they are confirmed by the more than 26% short interbank.

It looks like there’s a pattern forming, as Pound/Yen has neutral models prevailing in the short-term and bullish signals dominating in the mid and long-term and, sure enough, the interbank is bullish at 28% long and supports the 4 and 24-hour studies.

And, for a change, Euro/Yen has neutral models prevailing in all three time ranges, with 6 in both the short and long-term and 4 in the mid-term, but, in contrast, the interbank is bullish at more than 30% long.