Daily HFT Trade Setup – USDJPY Trades Close to Light HFT Buy Zone


We are analyzing HFT algorithms' activity in the Fx market today, noting that the USDJPY pair is trading near the light HFT buying pressure zone that is noted at 105.66 and below. Buyers are more likely to be attracted to enter the market at these levels, therefore, creating potential for trading opportunities from the long side.

The advanced FxTR Divergence indicator (plotted below the candles) is also indicating that bullish divergence exists now on the hourly USDJPY timeframe and has given a buy signal. To the upside, the bulls may target the light HFT selling pressure zone that is noted today at 106.11 and above.

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