Majors Daily Forecast 18 August 2010

18 August 2010 @ 02:20 am EDT

EUR/USD

Trading range: 1.2865 - 1.2760

Trend: Downward

Sell at 1.2851 SL 1.2883 TP 1.2774

USD/JPY

Trading range: 85.25 - 86.20

Trend: Upward

Buy at 85.35 SL 85.03 TP 86.07

GBP/USD

Trading range: 1.5580 - 1.5465

Trend: Downward

Sell at 1.5567 SL 1.5599 TP 1.5479

USD/CHF

Trading range: 1.0415 - 1.0520

Trend: Upward

Buy at 1.0425 SL 1.0393 TP 1.0509

Today's Economic Calendar:

Time GMT, Country, Indicator, Forecast, Prior

05:00 Japan Leading indicators composite index June final 98.9 98.9

05:00 Japan Coincident indicators composite index June final 101.3 101.3

08:30 UK BoE meeting minutes 04-05.08

*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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