FOREX HFT Signals Forecast: USDJPY

FX Trading Revolution Team FX Trading Revolution

The USDJPY currency pair was under heavy selling pressure yesterday.

As a result, it reached both the light and the medium HFT buying pressure zones which were noted at 112.17 and below, and at 111.641 and below respectively.

Finally, all further bearish attempts were stopped in the medium HFT buying pressure zone and USDJPY closed the day there.

Today on USDJPY:

Light HFT selling pressure noted at 112.09 and above. Medium HFT selling pressure noted at 113.444 and above. Strong HFT selling pressure can be seen today at 114.798 and above.

Light HFT buying pressure noted at 110.74 and below. Medium HFT buying pressure noted at 109.386 and below. Strong HFT buying pressure can be seen today at 108.032 and below.

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