Forex Trading Signals – July 05, 2017

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

Euro/Dollar’s hourly chart is split between green and neutral models, whereas the mid and long-term scales turn neutral with 6 and 5 studies, respectively. In contrast, the interbank is bullish at more than 17% long.

The Cable sees 4 sell prompts on both its 1 and 4-hour charts, and the 24-hour scale brings 5 neutral models. The interbank is bearish at more than 18% short, matching the short and mid-term studies.

There’s green across the table for the Dollar/Yen, which sees no less than 8 bullish signals in the short-term, 5 in the mid-term and 4 in the long-term, but they are not quite in line with the interbank, which is neutral at less than 13% long.

Bullish signals prevail on Pound/Yen’s hourly chart. The mid-term turns neutral with 4 models, and the daily outlook is back to bullish, but the interbank is neutral at less than 10% long, matching the 4-hour models.

And 7 studies point North on Euro/Yen’s short-term chart. The mid-term scale sees a mix of green and neutral models, and the long-term is back to bullish. The interbank is bullish as well at more than 31% long, and it confirms the 1 and 24-hour models.