Daily Forecast 2 November 2009 2009

02 November 2009 @ 03:15 am EDT

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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