Daily Forecast 3 November 2009

03 November 2009 @ 02:50 am EDT

EUR/USD

Trading range: 1.4820 - 1.4715

Trend: Downward

Sell at 1.4806 SL 1.4838 TP 1.4729

USD/JPY

Trading range: 90.40 - 89.50

Trend: Downward

Sell at 90.29 91 90.61 TP 89.57

GBP/USD

Trading range: 1.6410 - 1.6295

Trend: Downward

Sell at 1.6397 SL 1.6429 TP 1.6309

USD/CHF

Trading range: 1.0190 - 1.0295

Trend: Upward

Buy at 1.0200 SL 1.0168 TP 1.0284

Today's Economic Calendar:

Time GMT, Country, Indicator, Forecast, Prior

Jap National Culture Day

05:30 Austr RBA meeting announcement 3.25% 3.25%

07:00 Ger Retail sales Oct real adjusted - -1.5%

07:00 Ger Retail sales Oct real unadjusted Y/Y - -2.6%

13:55 USA Redbook 31.10

15:00 USA Factory orders Sep 1.2% -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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