We are analyzing the activity of HFT algorithms in the Forex market today and have noticed that bullish trading opportunities may be interesting today.

Namely, the pair has now reached the light HFT buying pressure zone which is today noted at 1.1262 and below. The bearish attempt got strongly rejected and the hourly candle is way off the lows as of this moment.

This is a solid bullish signal that appears at the light HFT buying pressure zone but is also near the 1.1250 support zone. While for the moment, the bullish signal is not fully confirmed, the probabilities suggest it soon may be.

The Master MACD is also giving a bullish signal, but a bullish reversal will be confirmed when EURUSD breaks above today's daily high at 1.1288. It will at the same time, clear the resistance trendline of the descending channel (see chart below).

Nonetheless, looking to buy around current levels near the support trendline offers good risk-reward. And, in the bullish case, EURUSD is likely to head toward the light HFT selling pressure zone which is noted at 1.1297 and above. The medium HFT selling pressure zone is noted at 1.1332 and above.




EURUSD Current Trading Positions

Sell 59%
Buy 41%
Avg Sell Price 1.1283
Avg Buy Price 1.1254
Liquidity Distribution



Your Revolutionary Forex Source

High Risk Warning: Please note that foreign exchange and other leveraged trading involves significant risk of loss. It is not suitable for all investors and you should make sure you understand the risks involved, seeking independent advice if necessary.

ADVISORY WARNING: Any news, opinions, research, data, or other information is provided as general market commentary and does not constitute investment or trading advice. FXTradingRevolution.com expressly disclaims any liability for any lost principal or profits without limitation which may arise directly or indirectly from the use of or reliance on such information.

Feed news

Latest Forex Analysis

Editors’ Picks

EUR/USD below 1.1200 on Draghi's dovishness, amid Trump-Xi meeting announcement

EUR/USD is trading below 1.1200 after ECB President Draghi opened the door to rate cuts. Presidents Trump and Xi will hold an extended meeting at the G-20 Summit. The news cheered markets.


GBP/USD holds on to gains around 1.2550 after Boris wins again

The second ballot for Tories' leadership has been complete. Boris Johnson ended first with 126 votes, followed by Jeremy Hunt, who got 46. Dominic Raab eliminated. Pound showed no reaction to the news.


USD/JPY rallies beyond mid-108.00s on Trump's positive comments

Trump said he will have an extended meeting with the Chinese President next week. This comes on the back of Draghi's dovish comments and triggers risk-on trade. Fading safe-haven demand weighs heavily on the JPY and remained supportive.


Fed Preview: Proto-easing

Fed Funds 2.25%-2.50% target range predicted to be unchanged. Market expecting confirmation of easing bias into the second half. FOMC statement wording, especially "patient" and the economic projections important.

Read more

Gold surges through $1350 level, back closer to 14-month tops

Gold built on its strong intraday positive momentum and spiked to fresh session tops, beyond the $1350 level during the early North-American session.

Gold News