Forex Trading Signals - February 26, 2018

Forex Trading Signals – February 26, 2018

These are the Daily Trading Signals for Monday and here’s how the interbank compares with the technicals at 8 AM GMT.

Euro/Dollar’s hourly indicators are mixed, but both the mid and long term studies are mostly neutral. Interbank sentiment is bullish at 18% long.

There’s green across the 1 and 4-hour charts for the Pound/Dollar. 6 models are neutral in the long term, which is matched by the only 2% long interbank stance.

Dollar/Yen’s short and long term models are mostly neutral. There are 5 indicators pointing South in the mid term, in line with the 38% short interbank.

Pound/Yen’s hourly and daily models are mostly neutral. Mid term is mixed with 4 buy and 4 neutral signals. The less than 5% short interbank exposure is neutral.

There are 5 neutrals in the Euro/Yen’s short term. 4-hour chart has 4 sell and 4 neutral prompts and daily scale is mostly red. Interbank sentiment is bullish at 15% long.

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Jessica Walker

A Senior Broadcast Journalist who holds experience as a TV reporter, radio presenter and columnist. Reports and tells data-driven stories about economics, social issues and current affairs. Studied at the London School of Journalism and has worked in both the UK and across Europe combining business and general news.