Analysis

FOREX HFT Signals Forecast: EURUSD

The EURUSD currency pair yesterday reached the light HFT buying pressure zone that was noted at 1.1762 and below.

The pair reacted well and rebounded from this area in the first attempt - providing a nice bullish trading opportunity of more than 50 pips. Then, EURUSD turned and reached the light HFT buying pressure zone again where it also closed the day later.

Today on EURUSD:

Light HFT selling pressure noted at 1.1786 and above. Medium HFT selling pressure noted at 1.1872 and above. Strong HFT selling pressure can be seen today at 1.1959 and above.

Light HFT buying pressure noted at 1.1699 and below. Medium HFT buying pressure noted at 1.1613 and below. Strong HFT buying pressure can be seen today at 1.1526 and below. 

 


 

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