Majors Daily Forecast 1 April 2011

By @ibtimes on

EUR/USD
Trading range: 1.4145 - 1.4245
Trend: Upward
Buy at 1.4158 SL 1.4126 TP 1.4235

USD/JPY
Trading range: 83.35 - 84.30
Trend: Upward
Buy at 83.48 SL 83.16 TP 84.20

GBP/USD
Trading range: 1.6015 - 1.6130
Trend: Upward
Buy at 1.6029 SL 1.5997 TP 1.6117

USD/CHF
Trading range: 0.9230 - 0.9125
Trend: Downward
Sell at 0.9216 SL 0.9248 TP 0.9132

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

06:00 Germany Retail sales February real adjusted - 1.4%
06:00 Germany Retail sales February real unadjusted Y/Y - 2.6%
07:45 Italy PMI March - 59.0
07:50 France PMI March 56.6 55.7
07:55 Germany PMI March seasonally adjusted 60.9 62.7
08:00 EU17 PMI March 57.7 59.0
08:30 UK CIPS manufacturing index March - 61.5
09:00 EU17 Unemployment February - 9.9%
12:30 USA Nonfarm payrolls March +180K +192K
12:30 USA Unemployment rate March 8.9% 8.9%
12:30 USA Average hourly earnings March 0.1% 0.0%
12:30 USA Average workweek March 34.3 34.2
14:00 USA ISM Mfg PMI March 61.5 61.4
14:00 USA Construction spending February -0.7% -0.7%

*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, from which we have made today so far +60, total yesterday +133 pips, as shown at our web site.

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