HFT Signals: USD/JPY June 07, 2017
FX Trading Revolution | Jun 07, 2017 05:56AM ET
Currency pair USD/JPY was yesterday under a strong selling pressure. USD/JPY reached the light HFT buying pressure zone that was noted at 110.26 and below as well as the medium HFT buying pressure zone noted at 109.83 and below.
The medium HFT buying pressure zone slowed down the bearish attempts of USD/JPY. However, USD/JPY also reached yesterday the strong HFT buying pressure zone that was noted at 109.41 and below. All bearish attempts were stopped there and USD/JPY closed yesterday's trading day within the strong HFT buying pressure zone.
Today on USD/JPY:
Light HFT selling pressure noted at 110.19 and above. Medium HFT selling pressure noted at 111.48 and above. Strong HFT selling pressure can be seen today at 112.78 and above.
Light HFT buying pressure noted at 108.89 and below. Medium HFT buying pressure noted at 107.59 and below. Strong HFT buying pressure can be seen today at 106.29 and below.
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