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Forex Trading Signals – March 23, 2018

By:
Jack William Everitt
Published: Mar 23, 2018, 11:28 UTC

Good morning, traders, you're watching the Daily Trading Signals for this week’s final trading day. Euro/Dollar has an equal number of 6 neutrals in all

Forex Trading Signals - March 23, 2018

Good morning, traders, you’re watching the Daily Trading Signals for this week’s final trading day.

Euro/Dollar has an equal number of 6 neutrals in all three time ranges, which are backed up by the only 3% long interbank sentiment.

There are 4 sell signals in the hourly chart for the Cable. Mid term models are mostly neutral and daily scale brings 6 green prompts. Interbank stance is 5% long, matching the 4-hour neutral outlook.

Dollar/Yen has 5 neutrals in the hourly range. Mid term models are mostly bullish and 4 indicators are red in the long term, which is in line with the 32% short interbank exposure.

Pound/Yen has 5 neutrals in both the short and long terms. 5 studies point South in the 4-hour chart. Interbank sentiment is neutral at less than 3% long.

Most of the studies are neutral for the Euro/Yen in the short term. Mid and long term models are mostly pointing south, but the only 8% long interbank is neutral.

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