Forex Trading Signals – May 22, 2017

Euro/Dollar’s hourly chart is split between red and neutral signals. The mid-term brings 6 neutral models, and the daily outlook turns green with 4 studies, in line with the more than 19% long interbank.

All three time ranges bring different results for the Cable, which is mostly bearish in the short-term. The mid-term sees 5 neutral signals, and the long-term is divided between green and neutral models. Neutral at less than 2% long, the interbank matches the 4-hour studies.
Next up is the Dollar/Yen with 4 and 5 neutral models on its 1 and 4-hour charts, respectively. The 24-hour scale brings 4 sell prompts, but the interbank points in the other direction, as it’s bullish at more than 15% long.
4 studies point South on Pound/Yen’s short-term chart. The mid-term is mostly neutral, and the long-term is back to bearish with 4 models. As to the interbank, it is neutral at less than 7% long, and it supports the 4-hour studies.
And neutral models prevail on Euro/Yen’s 1 and 4-hour charts. The 24-hour scale turns bullish with 5 technicals, and it is confirmed by the more than 15% long interbank stance.