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Daily Forecast 2 November 2009 2009

02 Nov, 2009 @ 03:15 am ET | written by iFOREX


EUR/USD
Trading range: 1.4790 - 1.4690
Trend: Downward
Sell at 1.4779 SL 1.4811 TP 1.4702

USD/JPY
Trading range: 89.80 - 90.80
Trend: Upward
Buy at 89.94 SL 89.62 TP 90.66

GBP/USD
Trading range: 1.6490 - 1.6375
Trend: Downward
Sell at 1.6476 SL 1.6508 TP 1.6388

USD/CHF
Trading range: 1.0200 - 1.0310
Trend: Upward
Buy at 1.0214 SL 1.0182 TP 1.0298

Today's Economic Calendar:
Time GMT, Country, Indicator, Forecast, Prior

08:45 Ita PMI Oct 48.8 47.6
08:50 Fra PMI Oct 55.3 53.0
08:55 Ger PMI Oct seasonally adjusted 51.1 49.6
09:00 EU 16 PMI Oct 50.7 49.3
09:30 UK CIPS manufacturing index Oct - 49.5
15:00 USA ISM Mfg business index Oct 53.0 52.6
15:00 USA Construction spending Sep -0.4% 0.8%

*Please note that the daily forecast is sent on time to subscribers only, who receive also updates, evening forecast, news and real time trading signals, on which our performance is based!

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