Majors Daily Forecast 17 February 2010

17 March 2010 @ 03:23 am EDT

EUR/USD

Trading range: 1.3755 - 1.3855

Trend: Upward

Buy at 1.3765 SL 1.3733 TP 1.3842

USD/JPY

Trading range: 90.20 - 91.20

Trend: Upward

Buy at 90.34 SL 90.02 TP 91.06

GBP/USD

Trading range: 1.5200 - 1.5310

Trend: Upward

Buy at 1.5210 SL 1.5178 TP 1.5298

USD/CHF

Trading range: 1.0565 - 1.0465

Trend: Downward

Sell at 1.0555 SL 1.0587 TP 1.0471

Today's Economic Calendar:

Time GMT, Country, Indicator, Forecast, Prior

03:30 Jap BoJ meeting announcement 0.10% 0.10%

06:30 Jap BoJ press conference

09:30 UK Claimant count Feb - 23,500

09:30 UK Claimant count rate Feb - 5.0%

09:30 UK Average earnings 3 months to Jan Y/Y - 0.8%

09:30 UK Average earnings ex bonuses 3 months to Jan Y/Y - 1.2%

09:30 UK ILO Jobless rate 3 months to Jan - 7.8%

09:30 UK BoE meeting minutes 03-04.03

10:00 EU 16 Labour cost index Q4 Y/Y 2.6% 3.2%

13:30 USA PPI Feb 0.0% 1.4%

13:30 USA PPI Feb Y/Y - 4.6%

13:30 USA PPI excluding food and energy Feb 0.1% 0.3%

13:30 USA PPI excluding food and energy Feb Y/Y - 1.0%

*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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