Forex Trading Signals – July 07, 2017

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

Euro/Dollar’s hourly chart sees a mix of green and neutral models, but the mid and long-term scales turn bullish with 4 and 6 studies, respectively, and they are in line with the more than 19% long interbank.

4 studies point South on the Cable’s short-term chart. The mid-term is split between neutral and buy prompts, and the daily chart is mostly bullish, but the interbank is bearish at more than 16% short, and it supports the 1-hour models.
Neutral signals prevail on Dollar/Yen’s 1-hour chart. The mid and long-term scales see 5 and 4 green models, respectively, and they are confirmed by the interbank, which is bullish at more than 15% long.

Pound/Yen sees 6 neutral models in the short-term. Bullish signals prevail in the mid and long-term, but the interbank is neutral at less than 8% long, and it confirms the 1-hour studies.

And Euro/Yen’s short-term chart is divided between green and neutral signals. The mid and long-term scales turn bullish with 6 studies each, matching the more than 32% long interbank sentiment.