Majors Daily Forecast 8 March 2010

08 March 2010 @ 04:13 am EDT

EUR/USD

Trading range: 1.3715 - 1.3615

Trend: Downward

Sell at 1.3703 SL 1.3735 TP 1.3626

USD/JPY

Trading range: 90.60 - 89.70

Trend: Downward

Sell at 90.48 91 90.80 TP 89.76

GBP/USD

Trading range: 1.5205 - 1.5095

Trend: Downward

Sell at 1.5194 SL 1.5226 TP 1.5106

USD/CHF

Trading range: 1.0665 - 1.0770

Trend: Upward

Buy at 1.0676 SL 1.0644 TP 1.0760

Today's Economic Calendar:

Time GMT, Country, Indicator, Forecast, Prior

11:00 Ger Ind. prod. Jan seasonally adj 1.2% -2.6%

11:00 Ger Ind. prod. Jan seasonally adj Y/Y - -6.7%

11:00 Ger Ind. prod. Jan not seasonally adj, workday adj Y/Y 0.8% -7.1%

*Please note that the daily forecast is sent on time to subscribers only, who receive also updates, evening forecast, news and real time trading signals, on which our performance is based!

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