Forex Trading Signals – January 31, 2018

These are the daily Trading Signals for Wednesday. Here’s how the interbank compares with the technicals at 8 AM GMT.

All three Euro/Dollar’s time ranges bring an equal number of 5 bullish signals and they are in line with the almost 40% long interbank sentiment.

Pound/Dollar’s hourly studies are mostly neutral, but outlook shifts to bullish in both the mid and long terms. The less than 2% short interbank matches the hourly indicators.

Dollar/Yen has 4 sell prompts in the short term. 4 indicators are neutral in the mid term and 5 signals are red in the daily scale. The 33% short interbank is bearish, just like the short and long term models. There are 5 neutrals in

Pound/Yen’s short term chart. Both mid and long terms show mixed results. The close to 41% long interbank is strongly bullish.

Euro/Yen’s 1 and 4 hour charts bring 7 and 4 buy prompts respectively. There are 4 sell signals in the daily chart, but the 23% long interbank matches the 1 and 4 hour outlooks.