Forex Trading Signals – June 6, 2017

Find out how the interbank compares with the technicals at 8 AM GMT. These are the Main Daily Trading Signals.
First up is the Euro/Dollar with 5 and 6 neutral models on its 1 and 4-hour charts, respectively. The 24-hour scale sees a mix of green and neutral signals, but, in contrast, the interbank is bullish at more than 20% long.

The Cable’s hourly chart is split between buy and neutral prompts. The mid-term is mostly bullish, and the long-term turns neutral with 5 studies, matching the less than 4% short interbank sentiment.
Next up is the Dollar/Yen with 5 and 7 bearish signals on its short and mid-term charts, respectively, whereas the daily outlook is divided between green and neutral models, but the technicals are not supported by the interbank, which is neutral at less than 3% short.
Things look similar for the Pound/Yen, as it also has red models prevailing in the short and mid-term. The long-term is split between bearish and neutral signals but, once again, the interbank is neutral at less than 12% short and does not confirm the technical models.
And Euro/Yen is overwhelmingly bearish in the short and mid-term, with no less than 7 sell prompts on both charts. The long-term scale brings 6 neutral models, and it is in line with the less than 1% short interbank stance.