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Forex Trading Signals – July 25, 2017

By:
Celeste Skinner
Updated: Jul 25, 2017, 09:26 UTC

These are the Main Daily Trading Signals and here's how the interbank compares with the technicals at 8 AM GMT. First up is the Euro/Dollar with 5 neutral

Forex Trading Signals - July 25, 2017

These are the Main Daily Trading Signals and here’s how the interbank compares with the technicals at 8 AM GMT.

First up is the Euro/Dollar with 5 neutral signals on its hourly chart. The mid-term is divided between red and neutral models, and the daily outlook turns bullish with 5 studies, matching the more than 17% long interbank.

Neutral signals prevail across the table for the Pound/Dollar, which sees 4 neutral models in the short-term, 6 in the mid-term and 5 in the long-term, but, in contrast, the interbank is actually bearish at more than 26% short.

Dollar/Yen has 5 neutral models on both its 1 and 4-hour charts, while the 24-hour scale turns bearish with 5 studies. Neutral at less than 15% long, the interbank confirms the short and mid-term models.

Things look similar for the Pound/Yen, as it also sees 5 neutral signals on both its short and mid-term charts and 5 sell prompts on its long-term scale, but the technicals are not supported by the interbank, which is bullish at more than 19% long.

And Euro/Yen has neutral models dominating in all three time ranges, with 4 neutral signals in the short-term, 5 in the mid-term and 6 in the long-term. The interbank is neutral as well at less than 6% short, in line with the technicals.

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