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Forex Trading Signals – June 20, 2017

By
Jack William Everitt
Published: Jun 20, 2017, 09:10 GMT+00:00

Euro/Dollar sees 5 neutral models on both its 1 and 4-hour charts, while the 24-hour scale turns red with 5 studies, but, in a marked contrast, the

Forex Trading Signals

Euro/Dollar sees 5 neutral models on both its 1 and 4-hour charts, while the 24-hour scale turns red with 5 studies, but, in a marked contrast, the interbank is actually bullish at more than 23% long.

Bearish models prevail on the Cable’s short and mid-term scales, whereas the daily outlook turns neutral with 4 studies, and it is in line with the less than 9% short interbank sentiment.
There’s green across the table for the Dollar/Yen, which sees 4 buy prompts in both the short and mid-term and 5 bullish signals in the long-term, but the technicals are not supported by the interbank, which is neutral at less than 11% short.
All three time ranges bring different results for the Pound/Yen, which is mostly bearish in the short-term. The mid-term turns neutral with 5 models, and the long-term chart is split between green and neutral signals. The interbank is neutral at less than 3% short, and it matches the 4-hour models.
And Euro/Yen has bullish signals prevailing in all three time ranges, with 6 green models in the short-term and 5 buy prompts in both the mid and long-term, but the interbank is neutral at less than 8% short and does not confirm the technicals.

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