Daily Forecast 6 November 2009

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EUR/USD
Trading range: 1.4845 - 1.4945
Trend: Upward
Buy at 1.4858 SL 1.4826 TP 1.4935

USD/JPY
Trading range: 90.85 - 89.95
Trend: Downward
Sell at 90.75 87 91.07 TP 90.03

GBP/USD
Trading range: 1.6560 - 1.6670
Trend: Upward
Buy at 1.6571 SL 1.6539 82 1.6659

USD/CHF
Trading range: 1.0180 - 1.0080
Trend: Downward
Sell at 1.0170 SL 1.0202 TP 1.0086

Today's Economic Calendar:
Time GMT, Country, Indicator, Forecast, Prior

05:00 Jap Leading indics composite index Sep prelim - 83.2
05:00 Jap Coincident indics composite index Sep prelim - 91.2
09:30 UK PPI Output Oct unadj - 0.5%
09:30 UK PPI Output Oct unadj Y/Y - 0.4%
09:30 UK PPI Output ex FDT Oct adj - 0.5%
09:30 UK PPI Output ex FDT Oct unadj Y/Y - 1.4%
09:30 UK PPI Input Oct adj - -0.5%
09:30 UK PPI Input Oct unadj Y/Y - -6.5%
10:00 Ger Manufacturing orders Sep adj 1.0% 1.4%
10:00 Ger Manufacturing orders Sep seasonally adj Y/Y - -21.1%
10:00 Ger Manufacturing orders Sep unadj Y/Y - -20.4%
12:00 Can Employment Oct - +30.6
12:00 Can Unemployment rate Oct - 8.4%
13:30 USA Nonfarm payrolls Oct -175K -263K
13:30 USA Unemployment rate Oct 9.9% 9.8%
13:30 USA Average hourly earnings Oct 0.1% 0.1%
13:30 USA Average workweek Oct 33.1 33.0
15:00 USA Wholesale inventories Sep -1.0% -1.3%
20:00 USA Consumer credit Sep, bln -10.0 -12.0

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