HFT Signals Forecast: USD/JPY
FX Trading Revolution | May 02, 2017 05:30AM ET
Currency pair USD/JPY reached yesterday the light HFT selling pressure zone that was noted at 111.80 and above. USD/JPY reacted very accurately after reaching the light HFT selling pressure zone and around 45 pips downside move followed. Then USD/JPY accumulated enough bullish strength and reached the light HFT selling pressure once more. All bullish attempts were stopped there very accurately again.
Today on USD/JPY: The market already reached the light HFT selling pressure zone noted today at 112.09 and above. Medium HFT selling pressure noted at 112.81 and above. Strong HFT selling pressure can be seen today at 113.53 and above.
Light HFT buying pressure noted at 111.37 and below. Medium HFT buying pressure noted at 110.64 and below. Strong HFT buying pressure can be seen today at 109.92 and below.
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