HFT Signals: USD/JPY May 09, 2017
FX Trading Revolution | May 09, 2017 05:13AM ET
Currency pair USD/JPY opened yesterday's trading day with a bullish gap and reached immediately after opening the light HFT selling pressure zone that was noted at 112.95 and above. More than 50 pips downside move followed. Then USD/JPY accumulated enough bullish strength again and closed yesterday's trading day within the light HFT selling pressure zone.
Today on USDJ/PY: The market already reached the light HFT selling pressure zone noted today at 113.56 and above. Medium HFT selling pressure noted at 114.45 and above. Strong HFT selling pressure can be seen today at 115.35 and above.
Light HFT buying pressure noted at 112.66 and below. Medium HFT buying pressure noted at 111.76 and below. Strong HFT buying pressure can be seen today at 110.86 and below.
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