Majors Daily Forecast 1 February 2010

By @ibtimes on

EUR/USD
Trading range: 1.3700 - 1.3805
Trend: Upward
Buy at 1.3714 SL 1.3682 TP 1.3791

USD/JPY
Trading range: 82.05 - 81.15
Trend: Downward
Sell at 81.94 SL 82.26 TP 81.22

GBP/USD
Trading range: 1.6035 - 1.6150
Trend: Upward
Buy at 1.6048 SL 1.6016 TP 1.6136

USD/CHF
Trading range: 0.9440 - 0.9335
Trend: Downward
Sell at 0.9429 SL 0.9461 TP 0.9345

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

04:30 Australia RBA meeting announcement 4.75% 4.75%
07:00 UK Nationwide house price index January -0.5% 0.4%
07:00 UK Nationwide house price index January Y/Y -1.0% 0.4%
07:45 France PPI December 0.6% 0.4%
07:45 France PPI December Y/Y 5.0% 4.5%
08:00 UK Halifax house price index January -0.2% -1.3%
08:00 UK Halifax house price index January 3m Y/Y -3.0% -1.6%
08:45 Italy PMI January 54.6 54.7
08:50 France PMI January 54.3 57.2
08:55 Germany PMI January seasonally adjusted 60.2 60.7
08:55 Germany Unemployment January seasonally adjusted -6K +3K
08:55 Germany Unemployment January seasonally adjusted, mln - 3.152
08:55 Germany Unemployment rate January seasonally adjusted 7.5% 7.5%
08:55 Germany Unemployment January seasonally unadjusted, mln - 3.016
08:55 Germany Unemployment rate January seasonally unadjusted - 7.2%
09:00 EU17 PMI January 56.9 57.1
09:30 UK CIPS manufacturing index January 57.9 58.3
09:30 UK M4 money supply December final - -0.8%
09:30 UK M4 money supply December final Y/Y - -1.4%
09:30 UK Consumer credit December, bln 0.0 -0.1
10:00 EU16 Unemployment December 10.1% 10.1%
13:55 USA Redbook 29.01
15:00 USA ISM Mfg business index January 57.5 57.0
15:00 USA Construction spending January 0.0% 0.4%

*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 +74, total yesterday +92 pips, as shown at our web site.

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