Forex Profit Alert: November 3, 2009

November 3, 2009 · Print This Article

The USD/JPY gapped +33 pips at the open of this new session on Sunday at 5 pm ET. This triggered a gap trade.

The USD/JPY has a long pending pivot trade and a short pivot trade. The EUR/USD has a pending short and long trade. The GBP/USD has a pending short trade and a new long trade. There is a pending long trade and a short trade in the USD/CHF.

The USD has their FOMC announcement being released tomorrow at 2:15 pm ET. The consensus is that the rate will be held at 0.25%.

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