Forex Trading Signals – July 14, 2017

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

5 studies point North on Euro/Dollar’s hourly chart, whereas the mid and long-term scales turn neutral with 5 and 6 models, respectively. Bullish at more than 16% long, the interbank confirms the 1-hour models.

Neutral models prevail on the Cable’s hourly chart. The mid-term is overwhelmingly bullish with 7 green signals, and the daily outlook is back to neutral but, in contrast, the interbank is bearish at more than 28% short.

Dollar/Yen has neutral signals prevailing in all three time ranges, with 4 neutral models in both the short and mid-term and 5 in the long-term, but the technicals are not supported by the interbank, which is bullish at more than 31% long.

Next up is the Pound/Yen with 6 neutral models on its 1-hour chart. The 4 and 24-hour scales turn bullish, but the interbank is neutral at less than 14% long, matching the 1-hour models.

And Euro/Yen sees 4 neutral signals in the short-term, 5 neutral models in the mid-term and 6 neutral indicators in the long-term, but they are not in line with the interbank, which instead is positively bullish at more than 41% long.