HFT algorithms' analysis this morning shows that the EURUSD currency pair could yield attractive selling opportunities in the day-trading session in front of us.

Namely, the pair has now reached the light HFT selling pressure zone that is noted at 1.1084 and above. The price already started to react here as more sellers entered the market here. However, for the moment, no clear signal for a sell trade has appeared yet, and Forex traders will be looking for such a signal before they pull the trigger on a short trade.

The Master MACD indicator, plotted on the chart below, shows that the trend on the hourly timeframe is still bullish. One confirmation for a bearish signal will be when this indicator shifts to the bearish side.

Forex traders will be looking at the light HFT buying pressure zone, noted at 1.1056 and below, for determining profit targets to the downside.



EUR/USD Current Trading Positions

Sell 50%
Buy 50%
Avg Sell Price 1.1111
Avg Buy Price 1.1146
Liquidity Distribution



FX Trading Revolution - 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

GBP/USD soars past 1.2900 as Farage gives additional boost to Conservatives

GBP/USD has leaped above 1.29, the highest since early November, as the Brexit Party has failed to field candidates in 43 additional seats, facilitating a victory for PM Boris Johnson.


EUR/USD advances 1.10 amid upbeat trade headlines, after mixed US retail sales

EUR/USD is trading closer to 1.1050, up on the day. US Commerce Secretary Ross has expressed optimism about reaching a deal with China. The Retail Sales Control Group met expectations with 0.3%.


USD/JPY clings to gains near session tops, around 108.70 post-US data

The USD/JPY pair maintained its strong bid tone near session tops and had a rather muted reaction to the mixed US economic data.


US Dollar Index challenges weekly lows near 98.00

The US Dollar Index (DXY), which gauges the buck vs. a bundle of its main rivals, is now accelerating the downside and threatens to test the key support at 98.00 the figure.

US Dollar Index News

Trump Impeachment: Markets will not like any replacement

The public phase of the impeachment hearings against President Donald Trump has kicked off, with the US public and parties divided more than ever. How does it affect markets?

Read more

Forex Majors