Forex Trading Signals – September 07, 2017

It’s time for Thursday’s Daily Trading Signals. Let’s see how the interbank stance lines up with the technical models at 8 AM GMT.

There’s green across the table for the Euro/Dollar. Both the 1 and 4-hour charts have 7 buy signals and 5 models are bullish in the long term. Technical studies are in line with the 15% long interbank. Hourly outlook is generally neutral for the Cable. Mid term shows mixed results and there are 7 studies pointing North in the daily picture. Interbank sentiment is bearish at close to 24% short.

Most of the indicators are red in the hourly chart for the Dollar/Yen. Mid and long terms have 5 and 4 neutrals respectively. The 37% short interbank matches the hourly outlook. Pound/Yen has 6 red signals in the short term and mid term shifts to neutral outlook. There are 5 buy prompts in the daily scale. Interbank stance is just 5% short, confirming the short term technicals.

Both the 1 and 4 hour charts show mixed results for the Euro/Yen. 5 indicators are neutral in the long term, but the close to 22% long interbank is bullish.