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.

Analysis feed

Latest Forex Analysis

Editors’ Picks

EUR/USD struggles below 1.1100 amid stimulus concerns

EUR/USD remains on the back foot below 1.1100 as investors fear that Germany's potential stimulus package will be insufficient. Tension is mounting toward Powell's critical speech on Friday.


GBP/USD struggles with 1.2100 amid growing Brexit uncertainty

GBP/USD is trading close to 1.2100, down. UK PM Johnson's request to abandon the Irish backstop in the Brexit accord was rebuffed by the EU ahead of top-level meetings.


USD/JPY retraces from 3-day top as risk-on takes a breather

The Asian traders look for further details to extend the USD/JPY pair’s previous run-up as a pullback emerges on the chart around 106.60 heading into Tuesday’s European session.


Top 3 Price Prediction Bitcoin, Ripple, Ethereum: Planning the next bullish move after consolidating gains

Trading cryptos is not a one-way street – meteoric unstoppable gains belong to the past. Nevertheless, the bullish sentiment seems to prevail. Digital coins advanced on Monday and are consolidating on Tuesday. 

Read more

Gold: Bearish outside bar reversal favors drop to $1,480

Gold closed well below $1,504 on Monday, validating the bearish outside bar candlestick pattern created on Friday. A bearish outside bar candle occurs when the price action for a specific day falls outside the high and low of the preceding day.

Gold News