Daily Forecast 20 November 2009

20 November 2009 @ 02:35 am EDT

EUR/USD

Trading range: 1.4945 - 1.4845

Trend: Downward

Sell at 1.4934 SL 1.4966 TP 1.4857

USD/JPY

Trading range: 89.10 - 88.15

Trend: Downward

Sell at 88.96 91 89.28 TP 88.24

GBP/USD

Trading range: 1.6685 - 1.6575

Trend: Downward

Sell at 1.6674 SL 1.6706 TP 1.6586

USD/CHF

Trading range: 1.0115 - 1.0220

Trend: Upward

Buy at 1.0125 SL 1.0093 TP 1.0209

Today's Economic Calendar:

Time GMT, Country, Indicator, Forecast, Prior

03:30 Jap BoJ meeting announcement 0.10% 0.10%

07:00 Ger PPI Oct -0.1% -0.5%

07:00 Ger PPI Oct Y/Y -7.5% -7.6%

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