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Forex Trading Signals – May 30, 2017

By
Jack William Everitt
Published: May 30, 2017, 09:37 GMT+00:00

Euro/Dollar sees 5 neutral models in the short-term. The mid-term is mostly bearish whereas the long-term is back to neutral with 5 studies but, in

Forex Trading Signals

Euro/Dollar sees 5 neutral models in the short-term. The mid-term is mostly bearish whereas the long-term is back to neutral with 5 studies but, in contrast, the interbank is bullish at more than 18% long.

All three time ranges bring different results for the Cable, which is mostly bullish in the short-term. The mid-term sees 5 neutral models, and the long-term chart brings 4 sell prompts. Neutral at less than 5% short, the interbank confirms the 4-hour models.
Next up is the Dollar/Yen with 6 neutral signals on its hourly chart. The 4-hour scale sees 4 sell prompts, and the 24-hour chart is back to neutral. The interbank is neutral as well at 13% long, and it matches the short and long-term technicals.
Pound/Yen sees 5 and 4 neutral models on its 1 and 4-hour charts, respectively, while the daily outlook turns bearish with 5 studies. As to the interbank, it is neutral at less than 4% long, in line with the short and mid-term indicators.
And Euro/Yen has 5 neutral indicators on its short-term scale. The mid-term brings 4 sell prompts, and the long-term is split between red and neutral models. Neutral at less than 3% long, the interbank supports the 1-hour studies.

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