Forex Trading Signals – September 01, 2017

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

Euro/Dollar sees 4 bearish models in the short-term. The mid-term is divided between red and neutral signals, and the daily outlook is mostly neutral but, in contrast, the interbank is actually bullish at more than 16% long.

5 studies point South on the Cable’s hourly chart. The 4 and 24-hour scales turn neutral with 5 models each, but the interbank is bearish at more than 36% short, and it supports the 1-hour models.

Bullish signals prevail on Dollar/Yen’s short-term scale. The mid-term is mostly neutral, and the long-term is back to bullish with 5 models, but the interbank points in the other direction, as it’s bearish at more than 15% short.

Next up is the Pound/Yen with 5 and 6 neutral signals on its 1 and 4-hour charts, respectively, while the 24-hour scale is mostly bullish. Neutral at less than 7% short, the interbank confirms the short and mid-term studies.

And Euro/Yen sees 5 neutral signals in the short-term. The mid-term is split between red and neutral models, and the long-term is divided between neutral and bullish indicators, but the technicals are not backed up by the interbank, which is bullish at more than 27% long.