Forex Trading Signals – July 27, 2017

Good morning, traders, you’re watching the Primary Daily Trading Signals.

Euro/Dollar’s hourly chart is split between red and neutral models, whereas the 4 and 24-hour scales turn bullish with 4 and 5 studies, respectively, matching the more than 18% long interbank.

Neutral signals prevail on the Cable’s short-term chart. The mid and long-term scales bring 4 and 7 buy prompts, respectively, but the interbank points in the opposite direction, being bearish at more than 24% short.

Dollar/Yen sees 5 neutral models on its short-term chart, while the mid and long-term scales both are split between red and neutral signals. As to the interbank, it is neutral at less than 7% long, in line with the 1-hour models.

All 8 studies point North on Pound/Yen’s hourly chart, and the mid-term sees 5 buy prompts. The daily outlook is mostly neutral, but the interbank is bullish at more than 23% long, and it supports the 1 and 4-hour studies.

And Euro/Yen has 5 neutral models in the short-term. Bullish signals prevail in the mid and long-term, but the technicals are not confirmed by the interbank, which is bearish at more than 15% short.