Majors Daily Forecast 28 July 2010

28 July 2010 @ 02:13 am EDT

EUR/USD

Trading range: 1.2960 - 1.3060

Trend: Upward

Buy at 1.2973 SL 1.2941 TP 1.3050

USD/JPY

Trading range: 87.55 - 88.50

Trend: Upward

Buy at 87.68 SL 87.36 TP 88.40

GBP/USD

Trading range: 1.5550 - 1.5665

Trend: Upward

Buy at 1.5564 SL 1.5532 TP 1.5652

USD/CHF

Trading range: 1.0635 - 1.0530

Trend: Downward

Sell at 1.0622 SL 1.0654 TP 1.0538

Today's Economic Calendar:

Time GMT, Country, Indicator, Forecast, Prior

12:15 Germany CPI June preliminary - 0.1%

12:15 Germany CPI June preliminary Y/Y - 0.9%

12:15 Germany HICP June preliminary Y/Y - 0.8%

12:30 USA Durable goods orders June 0.7% -0.6 -1.1%

12:30 USA Durable goods orders excluding transportation June - 0.9%

12:30 USA Durable goods orders excluding defence June - -1.1%

21:00 New Zealand RBNZ meeting announcement 3.00% 2.75%

23:50 Japan Retail sales June Y/Y - 2.8%

*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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