Forex Trading Signals – November 17, 2017

It’s time for Friday’s Daily Trading Signals. Here’s how the interbank sentiment compares with the technical studies on this last day of the trading week.

Euro/Dollar’s short term models are mostly neutral. Mid term brings 4 sell prompts and daily scale is mixed. Interbank sentiment is neutral at less than 15% long, just like the hourly models.

The Cable’s 1 and 4 hour charts are dominated by bullish signals, but the daily chart shows mixed results. The only 7% short interbank is neutral. Dollar/Yen has 5 neutrals in the hourly chart. Mid and long terms both have 5 red prompts, but the 20% long interbank is bullish.

Pound/Yen’s short and long term models are mostly neutral and the 4-hour chart brings 4 buy and 4 neutral prompts. The less than 6% long interbank is neutral, just like the short and long term indicators.

Euro/Yen’s 1 and 4 hour charts are mostly showing red prompts. Daily picture is mixed and the close to 16% long interbank is bullish.