FOREX HFT Signals Forecast: EURUSD

FX Trading Revolution Team FX Trading Revolution

The EURUSD currency pair was under strong buying pressure yesterday and as a result, it reached all three HFT zones.

First, EURUSD reached the light HFT selling pressure zone which was noted at 1.1682 and above. Then it continued higher to reach the medium HFT selling pressure zone that was noted at 1.172 and above.

Finally, EURUSD went through it and reached the strong HFT selling pressure zone that was noted at 1.1758 and above yesterday. Here, all further bullish attempts were stopped and EURUSD closed the day within this area as well.

Today on EURUSD:

Light HFT selling pressure noted at 1.1848 and above. Medium HFT selling pressure noted at 1.1991 and above. Strong HFT selling pressure can be seen today at 1.2135 and above.

Light HFT buying pressure noted at 1.1704 and below. Medium HFT buying pressure noted at 1.1561 and below. Strong HFT buying pressure can be seen today at 1.1417 and below.

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