Advertisement
Advertisement

Forex Trading Signals – November 28, 2017

By:
Jack William Everitt
Published: Nov 28, 2017, 09:50 UTC

Find out how the interbank compares with the technicals at 8 AM GMT. These are the Main Daily Trading Signals.

Forex Trading Signals - November 28, 2017

Find out how the interbank compares with the technicals at 8 AM GMT. These are the Main Daily Trading Signals.

Euro/Dollar sees a mix of green and neutral models on its hourly chart. The mid and long-term scales turn bullish with 6 and 4 studies, respectively, and they are supported by the more than 17% long interbank.

Next up is the Cable with 5 and 4 neutral indicators on its 1 and 4-hour charts, respectively. The 24-hour scale sees 4 buy prompts, but the interbank is neutral at less than 6% long, and it confirms the short and mid-term studies.

Dollar/Yen has 5 and 4 neutral signals on its short and mid-term charts, respectively, whereas the long-term scale is mostly bearish. As to the interbank, it is neutral at less than 14% long, matching the 1 and 4-hour models.

Neutral models prevail across the table for the Pound/Yen, which sees 6 neutral studies both in the short and mid-term and 4 neutral indicators in the long-term, and they indeed are in line with the less than 1% long interbank.

And Euro/Yen has consistent results across the chart, as it sees 5 neutral models on its short, mid and long-term charts. The interbank is neutral as well at less than 6% short, matching the technicals.

About the Author

Did you find this article useful?

Advertisement