Forex Trading Signals – November 22, 2017

You’re watching the Main Daily Trading Signals for Wednesday. Here’s how the interbank compares with the technicals at 8 AM GMT.

Euro/Dollar is overwhelmingly bullish in the short-term. The mid-term is divided between green and neutral signals, and the daily outlook turns neutral with 5 models, matching the less than 13% long interbank.

The Cable sees 5 neutral models on its hourly chart. The 4-hour scale brings 4 buy prompts, and the 24-hour scale is back to neutral. The interbank is neutral as well at less than 1% long, in line with the short and long-term studies.

Dollar/Yen has 7 and 4 red signals on its short and mid-term charts, respectively. The long-term scale is mostly neutral, but, in contrast, the interbank is bullish at more than 20% long.

7 studies point South on Pound/Yen’s hourly chart. The mid and long-term scales turn neutral with 4 and 6 studies, respectively, and they are supported by the less than 3% long interbank.

And bearish signals prevail on Euro/Yen’s short and mid-term charts. The 24-hour scale sees 4 neutral indicators, and it’s confirmed by the 7% long interbank sentiment.

These were the Primary Daily Trading Signals. We’ll be providing you with the latest data throughout the day, so check back.