Forex Trading Signals – November 29, 2017

These are the Main Daily Trading Signals for Wednesday. Here’s how the technicals compare with the interbank at 8 AM GMT.

Euro/Dollar sees 5 bullish signals in the short-term. The mid and long-term scales turn neutral with 5 studies each, but the interbank is bullish at more than 15% long, matching the 1-hour studies.

There’s a sea of green across the chart for the Cable, which sees 7 buy prompts in the short-term, 6 bullish signals in the mid-term and 5 green models in the long-term, but the technicals are not quite in line with the interbank, which is neutral at less than 10% long.

Dollar/Yen has neutral signals prevailing in all three time ranges, with 6 neutral models in the short-term and 4 in both the mid and long-term, and they indeed are confirmed by the less than 11% long interbank.

Pound/Yen is overwhelmingly bullish on its 1 and 4-hour charts. The 24-hour scale turns neutral with 6 studies, and it is supported by the less than 3% short interbank.

And 6 studies point North on Euro/Yen’s hourly chart. Neutral models prevail on the mid and long-term scales, but the interbank is bullish at more than 35% long, backing up the 1-hour studies.