Forex Trading Signals – July 12, 2017

Good morning traders, we brings you the Main Daily Trading Signals for Wednesday.

Euro/Dollar’s hourly chart is split between red and neutral models, and the mid-term brings 4 neutral indicators. All 8 studies point North on the long-term chart, and they are supported by the more than 16% long interbank.

Next up is the Cable with 5 bearish models on both its 1 and 4-hour charts. The 24-hour scale turns neutral with 5 studies, but the interbank is bearish at more than 21% short, and it confirms the short and mid-term technicals.
Red models prevail on Dollar/Yen’s short and mid-term charts. The daily outlook sees a mix of bullish and bearish signals, but, in contrast, the interbank is very much bullish at more than 37% long.

Pound/Yen sees exactly 5 sell prompts in both the short and mid-term. The long-term turns neutral with 4 models, and it is in line with the 12% short interbank.
And all three time ranges bring different results for the Euro/Yen, which is mostly bearish in the short-term and neutral in the mid-term. The long-term chart is overwhelmingly bullish with 7 buy prompts, and it matches the overwhelmingly bullish interbank, which stands at more than 48% long.