Daily Forecast 6 November 2009

06 November 2009 @ 02:45 am EDT

EUR/USD

Trading range: 1.4845 - 1.4945

Trend: Upward

Buy at 1.4858 SL 1.4826 TP 1.4935

USD/JPY

Trading range: 90.85 - 89.95

Trend: Downward

Sell at 90.75 87 91.07 TP 90.03

GBP/USD

Trading range: 1.6560 - 1.6670

Trend: Upward

Buy at 1.6571 SL 1.6539 82 1.6659

USD/CHF

Trading range: 1.0180 - 1.0080

Trend: Downward

Sell at 1.0170 SL 1.0202 TP 1.0086

Today's Economic Calendar:

Time GMT, Country, Indicator, Forecast, Prior

05:00 Jap Leading indics composite index Sep prelim - 83.2

05:00 Jap Coincident indics composite index Sep prelim - 91.2

09:30 UK PPI Output Oct unadj - 0.5%

09:30 UK PPI Output Oct unadj Y/Y - 0.4%

09:30 UK PPI Output ex FDT Oct adj - 0.5%

09:30 UK PPI Output ex FDT Oct unadj Y/Y - 1.4%

09:30 UK PPI Input Oct adj - -0.5%

09:30 UK PPI Input Oct unadj Y/Y - -6.5%

10:00 Ger Manufacturing orders Sep adj 1.0% 1.4%

10:00 Ger Manufacturing orders Sep seasonally adj Y/Y - -21.1%

10:00 Ger Manufacturing orders Sep unadj Y/Y - -20.4%

12:00 Can Employment Oct - +30.6

12:00 Can Unemployment rate Oct - 8.4%

13:30 USA Nonfarm payrolls Oct -175K -263K

13:30 USA Unemployment rate Oct 9.9% 9.8%

13:30 USA Average hourly earnings Oct 0.1% 0.1%

13:30 USA Average workweek Oct 33.1 33.0

15:00 USA Wholesale inventories Sep -1.0% -1.3%

20:00 USA Consumer credit Sep, bln -10.0 -12.0

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Daily Forecast 6 November 2009

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