Daily HFT Trade Setup – AUDUSD Consolidating Between HFT Selling & Buying Zones


Today's analysis of the activity of high-frequency trading algorithms in Fx shows that the AUDUSD pair is in consolidation mode, following the big decline yesterday.

Namely, AUDUSD is trading generally sideways today, constrained between the two HFT zones:

  • the light HFT selling pressure zone located today at 0.7567 and above.
  • the light HFT buying pressure zone located today at 0.7448 and below.

Aussie traders will be looking for potential trade setups today if/when the prices reached one of these HFT zones. The predominant trend on the hourly timeframe has seemingly changed to bearish, though some indicators are starting to show signals that is fading (see the chart for the advanced FxTR RSI indicator), which means bulls may take control just as easily as bears at this stage.

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