Daily Forecast 4 November 2009
04 Nov, 2009 @ 03:19 am ET | written by iFOREX
EUR/USD
Trading range: 1.4710 - 1.4810
Trend: Upward
Buy at 1.4723 SL 1.4691 TP 1.4800
USD/JPY
Trading range: 90.05 - 91.05
Trend: Upward
Buy at 90.19 SL 89.87 TP 90.91
GBP/USD
Trading range: 1.6400 - 1.6515
Trend: Upward
Buy at 1.6413 SL 1.6381 TP 1.6501
USD/CHF
Trading range: 1.0275 - 1.0170
Trend: Downward
Sell at 1.0263 SL 1.0295 TP 1.0179
Today's Economic Calendar:
Time GMT, Country, Indicator, Forecast, Prior
08:45 Ita PMI services Oct 49.9 48.5
08:50 Fra PMI services Oct 57.8 53.2
08:55 Ger PMI services Oct seasonally adjusted 50.9 52.1
09:00 EU 16 PMI services Oct 52.3 50.9
09:30 UK CIPS services index Oct 55.3
10:00 EU 16 PPI Sep -0.4% 0.4%
10:00 EU 16 PPI Sep Y/Y -7.7% -7.5%
13:15 USA ADP employment Oct -190K -254K
15:00 USA ISM Non-mfg composite index Oct 51.5 50.9
15:00 USA ISM Non-mfg business index Oct - 55.1
19:15 USA FOMC meeting announcement 0.00-0.25% 0.00-0.25%
23:50 Jap BoJ meeting minutes 13-14.10
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