FOREX HFT Signals Forecast: USDJPY

FX Trading Revolution Team FX Trading Revolution

The USDJPY currency pair yesterday reached the light HFT selling pressure zone that was noted at 109.08 and above.

The bullish attempt was quickly and accurately reversed here after which USDJPY provided excellent bearish trading opportunities to profit on a bearish move of 50 - 60 pips.

Today on USDJPY:

Light HFT selling pressure noted at 109.15 and above. Medium HFT selling pressure noted at 109.809 and above. Strong HFT selling pressure can be seen today at 110.468 and above.

Light HFT buying pressure noted at 108.49 and below. Medium HFT buying pressure noted at 107.831 and below. Strong HFT buying pressure can be seen today at 107.172 and below.

USDJPY Current Trading Positions

Sell 32%

Buy 68%

Avg Sell Price 108.92

Avg Buy Price 107.28

Liquidity Distribution

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