Forex Trading Signals – October 17, 2017

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

Euro/Dollar sees a mix of green and neutral models on its hourly chart. The mid-term scale sees 6 sell prompts, and the daily outlook turns neutral with 6 studies, matching the less than 15% long interbank.

Bullish signals prevail on the Cable’s hourly chart. Mid-term is split between red and neutral studies, and long-term brings 5 neutral models, but, in contrast, the interbank is bearish at more than 16% short.

Next up is the Dollar/Yen with 6 neutral models in the short-term. The mid-term scale is divided between green and neutral signals, and the daily chart is back to neutral. The interbank is neutral as well at less than 4% long, and it confirms the 1 and 24-hour models.

Pound/Yen is mostly bullish on its 1-hour chart. The 4-hour scale sees a mix of buy and neutral prompts, and the 24-hour chart turns neutral with 6 studies, in line with the less than 9% long interbank.

And Euro/Yen has bearish models prevailing on its short and mid-term charts. The long-term scale brings 4 neutral models, and it’s supported by the less than 15% long interbank.