FOREX HFT Signals Forecast: EURUSD

FX Trading Revolution Team FX Trading Revolution

The EURUSD currency pair yesterday reached the light HFT selling pressure zone that was noted at 1.1969 and above. The bullish attempts were successfully stopped and later reversed in this area - providing nice bearish trading opportunities.

Today on EURUSD:

Light HFT selling pressure noted at 1.2002 and above. Medium HFT selling pressure noted at 1.2097 and above. Strong HFT selling pressure can be seen today at 1.2192 and above.

Light HFT buying pressure noted at 1.1907 and below. Medium HFT buying pressure noted at 1.1812 and below. Strong HFT buying pressure can be seen today at 1.1717 and below.

EURUSD Current Trading Positions

Sell 25%

Buy 75%

Avg Sell Price 1.2044

Avg Buy Price 1.1960

Liquidity Distribution

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EUR/USD hits two-day highs near 1.1820

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GBP/USD reclaims 1.3600 and above

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