Forex Trading Signals – June 21, 2017

You’re watching the Primary Daily Trading Signals for Wednesday. Here’s how the technicals compare with the interbank at 8 AM GMT.
Euro/Dollar sees 4 neutral models on its hourly chart, and the mid and long-term scales turn bearish with 5 studies each, but the interbank points in the other direction, being bullish at more than 24% long.

The Cable has bearish signals prevailing in all three time ranges, with 4 sell prompts in the short-term, 6 in the mid-term and 5 in the long-term, and they indeed are supported by the more than 17% short interbank.
Next up is the Dollar/Yen with 6 red signals on its short-term chart. The mid-term scale is split between red and neutral models, and the daily outlook brings 4 buy prompts but, in contrast, the interbank is neutral at less than 10% short.
Pound/Yen is overwhelmingly bearish on its short and mid-term scales, but the long-term chart turns neutral with 5 models, and it is in line with the less than 2% short interbank stance.
And Euro/Yen also sees bearish models prevailing on its short and mid-term charts. The long-term scale brings 5 neutral models, but the technicals are not confirmed by the interbank, which is bullish at more than 35% long.