HFT algorithms' activity on the EURUSD currency pair in the Forex market today indicates range trading price action behavior.

We can observe that the pair is trading between the light HFT selling and the light HFT buying pressure zones which are today noted at 1.1279 and above, and at 1.1201 and below respectively.

The Master MACD trend indicator is showing the trend is bullish while the overbought/oversold indicator shows EURUSD has just entered into slightly overbought territory.

The Fx market remains largely range bound in tight ranges on low volatility today amid the Easter holidays. If any, trading opportunities are likely to be ranging and provide little action, so some low-volatility trading strategy could offer several pips in the remained of the trading session today.



EURUSD Current Trading Positions

Sell 58%
Buy 42%
Avg Sell Price 1.1303
Avg Buy Price 1.1274
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: risk aversion could send it sub-1.1180

EUR/USD capped by a critical Fibonacci resistance for two weeks in-a-row. The American dollar has closed the week on a high note as hopes for significant rate cuts faded.


GBP/USD: bears to retake control on a break below 1.2475

Renewed demand for the greenback has resulted in the GBP/USD pair giving back half of its Thursday’s gains at the end of the week, with the pair closing it just above the 1.2500 figure.


USD/JPY: bearish case firmer once below 107.20

The USD/JPY pair flirted with the 108.00 level by the end of the week on renewed demand for the greenback but retreated sharply from the level to settle at around 107.70.


Something has spooked the Fed

We wish we knew what it is. Wild talk of the US joining Japan and Europe with zero or negative return on the 10-year is or should be very frightening.

Read more

Gold consolidates around $ 1440, eyes US data for fresh direction

Gold (futures on Comex) extends its side-trend around the 1440 mark into the mid-European session, having stalled its retreat from 2019 highs of 1454 near 1437 region.

Gold News