Daily Forecast 9 September 2009

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EUR/USD
Trading range: 1.4470 - 1.4570
Trend: Upward
Buy at 1.4482 SL 1.4450 TP 1.4559

USD/JPY
Trading range: 92.15 - 93.10
Trend: Upward
Buy at 92.27 SL 91.95 TP 92.99

GBP/USD
Trading range: 1.6495 - 1.6605
Trend: Upward
Buy at 1.6506 SL 1.6474 TP 1.6594

USD/CHF
Trading range: 1.0480 - 1.0375
Trend: Downward
Sell at 1.0466 SL 1.0498 TP 1.0382

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

05:00 Jap Leading indicators comp index Jul prelim 81.9 79.9
05:00 Jap Coincident indicators comp index Jul prelim - 88.0
06:00 Ger CPI Jul final 0.2% 0.0%
06:00 Ger CPI Jul final Y/Y 0.0% -0.5%
06:00 Ger HICP Jul final Y/Y 0.0% -0.7%
08:30 UK Trade in goods Jul, bln -6.4 -6.5
08:30 UK Non-EU trade Jul, bln -3.5 -3.6
21:00 NZ RBNZ meeting announcement 2.50% 2.50%
23:50 Jap Machinery orders core Jul adj -3.1% 9.7%
23:50 Jap Machinery orders core Jul unadj Y/Y -31.0% -29.7%
23:50 Jap Corp goods price index CGPI Aug domestic 0.2% 0.4%
23:50 Jap Corp goods price index CGPI Aug domestic Y/Y -8.3% -8.5%

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