Currency pair USDJPY yesterday reached the light HFT buying pressure zone which was noted at 109.62 and below. All bearish attempts were stopped and USDJPY closed the day there.
Today on USDJPY:
Light HFT selling pressure noted at 109.87 and above. Medium HFT selling pressure noted at 110.898 and above. Strong HFT selling pressure can be seen today at 111.926 and above.
Light HFT buying pressure noted at 108.84 and below. Medium HFT buying pressure noted at 107.812 and below. Strong HFT buying pressure can be seen today at 106.784 and below.
USDJPY 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.