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EUR/JPY dips and finds support at 128.30

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FOREX HFT Signals Forecast: USDJPY 05/16/2018

05/16/2018
at 6:40 AM

The USDJPY currency pair yesterday reached the light HFT selling pressure zone which was noted at 109.8 and above.

The bullish attempts were rejected here at first, however, the buyers regained momentum again and USDJPY continued higher and also reached the medium HFT selling pressure zone that was noted at 110.263 and above.

Today on USDJPY:

Light HFT selling pressure noted at 110.64 and above. Medium HFT selling pressure noted at 111.445 and above. Strong HFT selling pressure can be seen today at 112.25 and above.

Light HFT buying pressure noted at 109.84 and below. Medium HFT buying pressure noted at 109.035 and below. Strong HFT buying pressure can be seen today at 108.23 and below.

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