Forex Trading Signals – January 26, 2018

Find out how the interbank compares with the technicals at 8 AM GMT. These are the main daily trading signals.

It’s been a pretty bullish week for the Euro/Dollar, and it still has green models dominating across the table, with 6 in both the short and long-term and 5 in the mid-term. The interbank is bullish as well at more than 43% long, and it confirms the technicals.

Green models prevail on the Cable’s hourly chart. The 4-hour scale sees a contradicting mix of sell and buy prompts, and the 24-hour chart is back to bullish with 5 models, but, in contrast, the interbank is neutral at less than 11% long.

Dollar/Yen sees a mix of green and neutral models on both its short and mid-term charts, but the daily outlook turns bearish with 5 studies, and it is supported by the more than 37% short interbank.

Pound/Yen’s hourly chart is split between green and neutral models. The mid-term is mostly neutral, and the long-term turns bullish with 4 studies, matching the more than 29% long interbank sentiment.

And there’s green across the table for the Euro/Dollar, which sees 5 buy prompts in both the short and mid-term and 4 bullish models in the long-term. As to the interbank, it is also bullish at more than 24% long, backing up the technicals.