Majors Daily Forecast 19 March 2010

19 March 2010 @ 04:20 am EDT

EUR/USD

Trading range: 1.3635 - 1.3535

Trend: Downward

Sell at 1.3625 SL 1.3657 TP 1.3548

USD/JPY

Trading range: 90.70 - 89.80

Trend: Downward

Sell at 90.58 91 90.90 TP 89.86

GBP/USD

Trading range: 1.5265 - 1.5155

Trend: Downward

Sell at 1.5253 SL 1.5285 TP 1.5165

USD/CHF

Trading range: 1.0600 - 1.0495

Trend: Downward

Sell at 1.0589 SL 1.0621 TP 1.0505

Today's Economic Calendar:

Time GMT, Country, Indicator, Forecast, Prior

04:30 Jap All industry index Jan - -0.3%

07:00 Ger PPI Feb 0.2% 0.8%

07:00 Ger PPI Feb Y/Y -2.9% -3.4%

12:00 Can CPI Feb - 0.3%

12:00 Can CPI Feb Y/Y - 1.9%

12:00 Can CPI excluding food and energy Feb - 0.1%

12:00 Can CPI excluding food and energy Feb Y/Y - 2.0%

13:30 Can Retail sales Jan - 0.4%

13:30 Can Retail sales excluding auto Jan - 0.4%

*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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