EUR/USD: Reached Light HFT Selling Pressure Zone
FX Trading Revolution | May 01, 2017 04:25AM ET
Currency pair EUR/USD reached on Friday the light HFT selling pressure zone that was noted at 1.0918 and above. All bullish attempts were stopped within the light HFT selling pressure zone and EUR/USD reacted very accurately - more than 60 pips downside move followed.
Today on EUR/USD: Light HFT selling pressure noted at 1.0944 and above. Medium HFT selling pressure noted at 1.1034 and above. Strong HFT selling pressure can be seen today at 1.1125 and above.
Light HFT buying pressure noted at 1.0854 and below. Medium HFT buying pressure noted at 1.0764 and below. Strong HFT buying pressure can be seen today at 1.0673 and below.
Get The News You Want
Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.