Forex Trading Signals – March 6, 2018
These are the Daily Trading Signals for Tuesday, where we’ll take a look at the technical indicators and how they compare with the interbank sentiment
Euro/Dollar has mostly neutral indicators in both the short and long terms. 4-hour chart brings 4 buy signals, but the only 13% long interbank is neutral. Indicators are mostly red in the Cable’s hourly scale. Mid and long terms have 6 and 5 neutrals respectively, which are backed up by the less than 1% short interbank sentiment.
Dollar/Yen’s 1 and 4 hour charts show mixed results. 4 models are bearish in the long term, which is in line with the 41% short interbank stance. Pound/Yen’s short term chart has 4 sell and 4 neutral signals. Mid term is mostly neutral and daily range brings 4 red prompts, which are confirmed by the 33% short interbank.
Euro/Yen has 4 sell signals in the hourly chart. Mid term is mostly green and indicators are mixed in the long term. Interbank sentiment is neutral at 2% long.