Majors Daily Forecast 23 August 2010

23 August 2010 @ 02:57 am EDT

EUR/USD

Trading range: 1.2695 - 1.2795

Trend: Upward

Buy at 1.2707 SL 1.2675 TP 1.2784

USD/JPY

Trading range: 85.55 - 84.60

Trend: Downward

Sell at 85.41 87 85.73 TP 84.69

GBP/USD

Trading range: 1.5540 - 1.5655

Trend: Upward

Buy at 1.5554 SL 1.5522 TP 1.5642

USD/CHF

Trading range: 1.0355 - 1.0250

Trend: Downward

Sell at 1.0341 SL 1.0373 TP 1.0257

Today's Economic Calendar:

Time GMT, Country, Indicator, Forecast, Prior

07:00 France PMI August flash 53.1 53.9

07:00 France PMI services August flash 60.5 61.6

07:30 Germany PMI August flash 60.9 61.2

07:30 Germany PMI services August flash 56.2 56.5

08:00 EU 16 PMI August flash 56.2 56.7

08:00 EU 16 PMI services August flash 55.5 55.8

*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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