Daily Forecast 26 November 2009

26 November 2009 @ 02:08 am EDT

EUR/USD

Trading range: 1.5130 - 1.5030

Trend: Downward

Sell at 1.5119 SL 1.5151 TP 1.5042

USD/JPY

Trading range: 86.20 - 87.15

Trend: Upward

Buy at 86.30 SL 85.98 TP 87.02

GBP/USD

Trading range: 1.6710 - 1.6600

Trend: Downward

Sell at 1.6700 SL 1.6732 TP 1.6612

USD/CHF

Trading range: 0.9925 - 1.0035

Trend: Upward

Buy at 0.9939 SL 0.9907 TP 1.0023

Today's Economic Calendar:

Time GMT, Country, Indicator, Forecast, Prior

08:30 Ita Business confidence Nov 77.8 77.1

09:00 EU 16 M3 money supply Oct adj Y/Y 0.8% 1.8%

09:00 EU 16 M3 money supply 3m to Oct adj Y/Y 1.7% 2.5%

11:00 UK CBI retail sales volume balance Nov 12% 8%

14:45 Ger CPI Nov preliminary -0.1% 0.1%

14:45 Ger CPI Nov preliminary Y/Y 0.4% 0.0%

14:45 Ger HICP Nov preliminary Y/Y 0.4% -0.1%

16:50 Fra Unemployment Oct - +21.6

23:30 Jap Nationwide CPI Oct - 0.0%

23:30 Jap Nationwide CPI Oct Y/Y - -2.2%

23:30 Jap Nationwide CPI ex fresh food Oct Y/Y - -2.3%

23:30 Jap Tokyo-area CPI Nov - -0.4%

23:30 Jap Tokyo-area CPI Nov Y/Y - -2.4%

23:30 Jap Tokyo-area CPI ex fresh food Nov Y/Y - -2.2%

23:30 Jap Unemployment Oct - 5.3%

23:30 Jap Household spending Oct real Y/Y - 1.0%

23:50 Jap Retail sales Oct Y/Y - -1.4%

USA Thanksgiving Day

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