Currency pair EURUSD was trading wildly yesterday. The pair first reached the light HFT selling pressure zone which was noted at 1.2385 and above. The bullish attempt was soon reversed here and provided nice bearish opportunities with a bearish move of more than 100 pips.
Then, EURUSD reached the light HFT buying pressure zone that was noted at 1.2299 and below. This bearish attempt was sharply reversed and led to a fast bullish move of more than 190 pips - providing more trading opportunities to profit.
Finally, EURUSD reached the light HFT selling pressure zone for a second time on the day where it also closed.
Today on EURUSD:
Light HFT selling pressure noted at 1.2517 and above. Medium HFT selling pressure noted at 1.2706 and above. Strong HFT selling pressure can be seen today at 1.2896 and above.
Light HFT buying pressure noted at 1.2328 and below. Medium HFT buying pressure noted at 1.2139 and below. Strong HFT buying pressure can be seen today at 1.1949 and below.
EURUSD Current Trading Positions
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.