Majors Daily Forecast 10 February 2011

By @ibtimes on

EUR/USD
Trading range: 1.3720 - 1.3620
Trend: Downward
Sell at 1.3708 SL 1.3740 TP 1.3631

USD/JPY
Trading range: 82.40 - 83.35
Trend: Upward
Buy at 82.50 SL 82.18 TP 83.22

GBP/USD
Trading range: 1.6115 - 1.6000
Trend: Downward
Sell at 1.6102 SL 1.6134 TP 1.6014

USD/CHF
Trading range: 0.9580 - 0.9690
Trend: Upward
Buy at 0.9592 SL 0.9560 TP 0.9676

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

07:45 France Industrial production December -0.9% 2.3%
07:45 France Industrial production December Y/Y 5.0% 5.3%
09:00 Italy Industrial production December adj - 1.1%
09:00 Italy Industrial production December Y/Y adj - 4.1%
09:30 UK Industrial production December 0.9% 0.4%
09:30 UK Industrial production December Y/Y 4.1% 3.3%
09:30 UK Manufacturing output December 0.3% 0.6%
09:30 UK Manufacturing output December Y/Y 5.3% 5.6%
12:00 UK BoE meeting announcement 0.50% 0.50%
13:30 USA Jobless claims week to 05.02 422K 415K
15:00 USA Wholesale inventories December 1.2% -0.2%
19:00 USA Federal budget January, bln -79.0 -80.0
21:30 USA M2 money supply 31.01, bln - -33.2

*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 +15, total yesterday +105 pips, as shown at our web site.

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