Forex Trading Signals – September 04, 2017

You’re watching the Dukascopy Daily Trading Signals for Monday. Here’s how the interbank sentiment lines up with the technical indicators at 8 AM GMT.

Euro/Dollar’s hourly indicators are mostly bullish, but signals shift to neutral outlook for both the mid and long terms. The close to 16% long interbank is in line with the hourly models.

Most of the studies point South in the Cable’s hourly chart. Mid term is neutral and 4 studies are green in the long term. The almost 32% short interbank stance is bearish, just like the hourly indicators.

Both the 1 and 4 hour charts have 5 red prompts for the Dollar/Yen. 5 models are neutral in the daily picture, but the 26% short interbank exposure is bearish, matching the 1 and 4 hour studies. Pound/Yen’s hourly indicators are mostly bearish. Mid and long terms both show mixed results.

The only 5% short interbank sentiment is neutral. Euro/Yen’s 1 and 4 hour charts bring 4 and 5 sell signals respectively. 6 indicators are neutral in the long term. Interbank stance is bullish at 34% long.