Majors Daily Forecast 1 November 2011

By @ibtimes on

EUR/USD
Trading range: 1.3830 - 1.3730
Trend: Downward
Sell at 1.3817 SL 1.3849 TP 1.3740

USD/JPY
Trading range: 78.30 - 77.40
Trend: Downward
Sell at 78.20 SL 78.52 TP 77.48

GBP/USD
Trading range: 1.6070 - 1.5955
Trend: Downward
Sell at 1.6056 SL 1.6088 TP 1.5968

USD/CHF
Trading range: 0.8775 - 0.8880
Trend: Upward
Buy at 0.8786 SL 0.8754 TP 0.8870

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 October 0.0% 0.1%
07:00 UK Nationwide house price index October Y/Y 0.5% -0.3%
09:30 UK CIPS manufacturing index October 50.0 51.1
09:30 UK GDP Q3 preliminary 0.3% 0.1%
09:30 UK GDP Q3 preliminary Y/Y 0.3% 0.6%
12:55 USA Redbook 29.10
14:00 USA ISM Mfg PMI October 52.5 51.6
14:00 USA Construction spending September 0.4% 1.4%

*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 +105, total yesterday +106 pips, as shown at our web site.

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