Forex HFT Signals Forecast: EURUSD

FX Trading Revolution Team FX Trading Revolution

Currency pair EURUSD reached yesterday the light HFT selling pressure zone that was noted at 1.0730 and above as well as the medium HFT selling pressure zone that was noted at 1.0767 and above. EURUSD reacted absolutely accurately after reaching the medium HFT selling pressure zone - double top chart formation appeared here as well, and more than 50 pips downside move followed - providing interesting short trade opportunities.

Today on EURUSD:

Light HFT selling pressure noted at 1.0759 and above. Medium HFT selling pressure noted at 1.0828 and above. Strong HFT selling pressure can be seen today at 1.0897 and above.

Light HFT buying pressure noted at 1.0690 and below. Medium HFT buying pressure noted at 1.0621 and below. Strong HFT buying pressure can be seen today at 1.0552 and below.

EURUSD Current Trading Positions

Sell 53%

Buy 47%

Avg Sell Price 1.0763

Avg Buy Price 1.0607

Liquidity Distribution

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