Forex Trading Signals – September 12, 2017

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You're watching the Daily Trading Signals for Tuesday. Here's how the technical indicators compare with the interbank stance at 8 AM GMT.

Euro/dollar's hourly indicators show mixed results, but both the mid and long terms are mostly neutral. Interbank sentiment is bullish at close to 17% long.

There's green across the Cable's hourly chart, but no specific patterns emerge in the mid and long terms. Interbank stance is neutral, standing less than 11% short.

Dollar/yen's hourly indicators are mixed. Mid term is mostly bullish and daily range brings 6 neutral prompts. The more than 40% short interbank is strongly bearish.

Pound/Yen has an even number of 7 buy signals in all three time scales, but the just 7% short interbank is less defined.

Euro/yen's hourly models show mixed results. All of the indicators point North in the mid term and 4 studies are neutral in the long term, which is backed up by the only 1% short interbank.

This article was originally posted on FX Empire


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

This article appears in: Investing , Currencies

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