HFT algorithms are bullish on EUR/CHF
|We are analyzing the activity of HFT algorithms in the Fx market this morning and note that the EURCHF pair may be the place where long trading opportunities will exist.
EURCHF has still not reached any of the HFT zones today, though it is currently moving down closer to the light HFT buying pressure zone, noted at 1.0741 and below. Buyers will likely be waiting there if/when EURCHF reaches this light HFT buying pressure zone.
Traders can look for signals from other indicators to confirm a buy signal in the HFT zone. The light HFT selling pressure zone is noted at 1.0791 and above.
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