dingo.forex

UPDATE: (2:3oPM EST) Chose to short the Euro. Got in at 1.1919 and closed my position at 1.1903 which puts me +16 pips for the day. I still have an open position on the Yen which is breaking even right now. Even if I hit my stop on that position I will still be positive for the day. So far so good.

EUR/USD
Trading range: 1.1940 - 1.1800
Trend: Downward
Sell at 1.1929 SL 1.1961 TP 1.1812
USD/JPY
Trading range: 111.40 - 112.45
Trend: Upward
Buy at 111.52 SL 110.53 TP 112.31
GBP/USD
Trading range: 1.7645 - 1.7600
Trend: Downward
Sell at 1.7635 SL 1.7667 TP 1.7611
USD/CHF
Trading range: 1.2970 - 1.3085
Trend: Upward
Buy at 1.2981 SL 1.2949 TP 1.3073

That's the expectations for the day from the analysts. Lets see if we can work some pips within those predictions. Also the rumor mill is predicting a downtrend on the british pound to continue on for quite some time. It may be a safe bet to sell with that trend for now.