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FOREX HFT Signals Forecast: EURUSD 05/16/2018

05/16/2018
at 7:04 AM

The EURUSD currency pair yesterday reached the light HFT buying pressure zone that was noted at 1.1902 and below.

The bearish momentum was strong and drove EURUSD lower to reach the medium HFT buying pressure zone as well, which was noted at 1.1832 and below. All bearish attempts were then stopped here, EURUSD bounced and closed the day inside of the light HFT buying pressure zone.

Today on EURUSD:

Light HFT selling pressure noted at 1.191 and above. Medium HFT selling pressure noted at 1.2028 and above. Strong HFT selling pressure can be seen today at 1.2146 and above.

Light HFT buying pressure noted at 1.1792 and below. Medium HFT buying pressure noted at 1.1674 and below. Strong HFT buying pressure can be seen today at 1.1556 and below.

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