Tuesday, October 27, 2009

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Trade Tips for Tomorrow
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Here are my predictions for the ranges and biases of
the four major Forex pairs:

* EUR/USD: Looking for prices to move between
1.4777 and 1.5137. The EUR/USD closed down
during today's session. This pair is moving sideways
and has a positive bias at this time.

* USD/JPY: Looking for prices to move between
91.70 and 92.50. The USD/JPY closed up
for today's session. This pair is moving higher
and has a positive bias at this time.

* GBP/USD: Looking for this pair to move between
1.6148 and 1.6487. The GBP/USD closed up for
today's session. This pair is moving sideways and
does not have a bias at this time.

* USD/CHF: Looking for this pair to move between
0.9991 and 1.0260. The USD/CHF closed up during
today's session. This pair is moving lower and
has a negative bias at this time.

Good trading,
afnoorse

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