Forex Trading Signals – June 8, 2017

These are the Main Daily Trading Signals for Thursday. Here’s how the interbank lines up with the technicals at 8 AM GMT.
Euro/Dollar has neutral signals prevailing across all three time ranges, with 5 models in both the short and long-term and 4 in the mid-term, but, in contrast, the interbank actually is bullish at more than 24% long.

The Cable’s hourly chart, somewhat contradictingly, is divided between green and red models, while the mid-term is overwhelmingly bullish. The long-term sees a mix of green and neutral signals, but the technicals are not supported by the less than 6% short interbank.
Dollar/Yen sees exactly 5 neutral signals on both its 1 and 4-hour charts. The 24-hour chart brings 5 bearish models, and it is in line with the more than 18% short interbank sentiment.
Next up is the Pound/Yen with 5 neutral signals in the short-term. The mid-term is split between green and neutral models, while the daily outlook sees a mix of sell and neutral prompts. Neutral at less than 13% short, the interbank confirms the 1-hour models.
And Euro/Yen has 5 neutral indicators in both the short and mid-term. The daily chart is mostly bearish, but the interbank is neutral at less than 5% long, and it matches the 1 and 4-hour models.