Advertisement
Advertisement

Forex Trading Signals – May 3, 2017

By
Celeste Skinner
Published: May 3, 2017, 11:12 GMT+00:00

Euro/Dollar has 4 sell signals in the hourly scale, 5 neutrals in the mid term and most of the indicators are green in the long term, which is in line

Trading Signals
  • Euro/Dollar has 4 sell signals in the hourly scale, 5 neutrals in the mid term and most of the indicators are green in the long term, which is in line with the close to 21% long interbank.
  • Pound/Dollar’s 1 and 4 hour charts both bring 5 neutral signals, but outlook shifts to bullish in the daily picture. The only 3% long interbank is neutral, just like the 1 and 4 hour studies.

  • There’s green across all three time scales for the Dollar/Yen, but interbank sentiment is neutral at only 7% long.
    Pound/Yen has 5 neutrals in the short term, but most of the technicals are bullish in the mid and long terms. The less than 1% short interbank is neutral, just like the hourly studies.
    There are 5 neutrals in the Euro/Yen’s hourly chart. Mid and long term indicators bring 5 and 7 buy signals respectively. The only 4% long interbank is neutral, matching the short term models.

About the Author

Celeste Skinnercontributor

Advertisement