Forex Trading Signals – September 18, 2017

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

Euro/Dollar has bearish models prevailing in the short-term. The mid and long-term scales turn neutral with 5 studies each, and they are supported by the less than 15% long interbank. All three time ranges bring different results for the Cable, which is mostly bearish in the short-term.

The mid-term sees 5 neutral models, and the daily outlook brings 4 buy prompts. Neutral at less than 3% long, the interbank confirms the 4-hour studies.

There’s green across the table for the Dollar/Yen, which sees 7 buy prompts in the short-term, no less than 8 bullish signals in the mid-term and 5 green models in the long-term, but, in contrast, the interbank is neutral at less than 14% short.

Pound/Yen’s hourly chart is split between red and neutral models. The mid-term scale sees a mix of green and neutral signals, and the daily chart is mostly bullish, but the interbank is neutral at 4% short and does not match the technicals.

And Euro/Yen sees 5 neutral signals on its 1-hour chart. The 4 and 24-hour scales turn bullish with 6 studies each, and they indeed are in line with the 49% long interbank sentiment.