Advertisement
Advertisement

Forex Trading Signals – May 15, 2017

By
Celeste Skinner
Published: May 15, 2017, 09:10 GMT+00:00

Euro/Dollar’s 1 and 4 hour charts are dominated by green indicators and 5 models are neutral in the long term. The close to 22% long interbank is in line

Forex Trading Signals – May 15, 2017

Euro/Dollar’s 1 and 4 hour charts are dominated by green indicators and 5 models are neutral in the long term. The close to 22% long interbank is in line with the 1 and 4 hour studies.

Pound/Dollar has mostly bullish signals in the hourly scale. Mid and long terms have 4 and 5 neutrals respectively, matching the less than 2% short interbank.
Only the Relative Strength Index isn’t pointing North in the Dollar/Yen’s short term. Mid and long terms both have 6 neutral signals, but the 33% long interbank sentiment confirms the hourly indicators.
Pound/Yen’s hourly studies are bullish, but both the mid and long term indicators are generally neutral, just like the 10% long interbank stance.
Euro/Yen has 7 buy signals in both the 1 and 4 hour charts. 4 models are neutral in the daily picture. Interbank exposure is almost 21% long, matching the short and mid term studies.

About the Author

Celeste Skinnercontributor

Advertisement