Daily Forecast 14 December 2009

14 December 2009 @ 02:48 am EDT

EUR/USD

Trading range: 1.4610 - 1.4710

Trend: Upward

Buy at 1.4620 SL 1.4588 TP 1.4697

USD/JPY

Trading range: 89.10 - 88.20

Trend: Downward

Sell at 88.99 87 89.31 TP 88.27

GBP/USD

Trading range: 1.6180 - 1.6295

Trend: Upward

Buy at 1.6193 SL 1.6161 82 1.6281

USD/CHF

Trading range: 1.0360 - 1.0255

Trend: Downward

Sell at 1.0349 SL 1.0381 TP 1.0265

Today's Economic Calendar:

Time GMT, Country, Indicator, Forecast, Prior

04:30 Jap Industrial output Oct final 0.5% 0.5%

04:30 Jap Industrial output Oct final Y/Y -15.1% -15.1%

10:00 EU 16 Industrial production Oct - 0.3%

10:00 EU 16 Industrial production Oct Y/Y - -12.9%

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