Forex Trading Signals - July 03, 2017 quoting : "fxdailyreport"

Next up is the Cable with 6 and 5 neutral signals on its 1 and 4-hour charts, respectively. And the last pair for this report is the Euro/Yen with 5 and 4 green models on its 1 and 4-hour charts, respectively. Dollar/Yen sees 7 and 6 bullish models in the short and mid-term, respectively. The mid-term is split between red and neutral signals, and the daily outlook turns green with 4 models, matching the more than 23% long interbank. The daily outlook is split between green and neutral signals, but the interbank is bullish at more than 21% long, and it matches the 1 and 4-hour studies.


As it stated in

The ISM Manufacturing PMI provides indications about the Non-Farm Payrolls data scheduled to be released on Friday. The Caixin Manufacturing PMI provides an as to how the economy is doing. The reading for the week came in above analysts' expectation that 240,000 claims will be filed. Gasoline stocks dropped by 894,000 barrels against analysts' expectation for a decline of 583,000 barrels. The reading, which came in below analysts' expectation of 55.0, pointed towards the slowest growth of the service sector since February.


collected by :John Miller

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