Forex Trading Signals – July 20, 2017

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

Bearish signals prevail on Euro/Dollar’s short and mid-term charts, but the long-term scale turns green with 5 models, and it is supported by the more than 15% long interbank.

Next up is the Cable with 5 and 6 sell prompts on its 1 and 4-hour charts, respectively. The 24-hour scale brings 6 neutral models, but the interbank is bearish at more than 18% short, and it confirms the short and mid-term models.

All 8 studies point North on Dollar/Yen’s hourly chart. The mid-term is split between green and neutral models, and the long-term is mostly bearish. As to the interbank, it is bullish at more than 26% long, matching the 1-hour studies.

Pound/Yen has neutral models prevailing in all three time ranges, with 6 neutral signals in the short-term and 5 in both the mid and long-term, and the technicals indeed are in line with the less than 15% long interbank.

And Euro/Yen sees 4 bullish models on its 1-hour chart. The 4 and 24-hour scales turn neutral with 5 studies each, but the interbank is strongly bullish at more than 48% long, backing up the 1-hour models.