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Forex Trading Signals – May 25, 2017

By:
Jack William Everitt
Published: May 25, 2017, 09:47 UTC

There's green across the table for the Euro/Dollar, which sees 5 buy prompts in the short-term and 4 bullish signals in both the mid and long-term, and

Forex Trading Signals

There’s green across the table for the Euro/Dollar, which sees 5 buy prompts in the short-term and 4 bullish signals in both the mid and long-term, and they indeed are in line with the 20% long interbank.

The Cable’s hourly chart is split between green and neutral signals, while the 4 and 24-hour charts turn neutral with 4 and 5 studies, respectively, and they are supported by the less than 5% long interbank sentiment.
6 studies point North on Dollar/Yen’s short-term chart. The mid and long-term scales bring 4 and 5 neutral models, respectively, and, once again, they are backed up by the less than 14% long interbank.
Bullish models prevail on Pound/Yen’s short and mid-term charts, whereas the daily outlook turns neutral with 5 models. The interbank is neutral as well at less than 8% long, and it matches the 24-hour studies.
And Euro/Yen is overwhelmingly bullish across the chart, with 7 buy prompts in the short-term, 6 in the mid-term and 5 in the long-term but, for once, the technicals are not confirmed by the interbank, which instead is neutral at less than 6% short.

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