Majors Daily Forecast 10 March 2011

By @ibtimes on

EUR/USD
Trading range: 1.3890 - 1.3790
Trend: Downward
Sell at 1.3878 SL 1.3910 TP 1.3801

USD/JPY
Trading range: 82.65 - 83.65
Trend: Upward
Buy at 82.79 SL 82.47 TP 83.51

GBP/USD
Trading range: 1.6195 - 1.6085
Trend: Downward
Sell at 1.6185 SL 1.6217 TP 1.6097

USD/CHF
Trading range: 0.9290 - 0.9400
Trend: Upward
Buy at 0.9302 SL 0.9270 TP 0.9386

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

07:00 Germany Current account January unadjusted, bln - 17.6
07:00 Germany Trade balance January unadjusted, bln 12.2 11.9
07:45 France Industrial production January 0.3% 0.3%
07:45 France Industrial production January Y/Y 4.5% 5.8%
09:00 Italy Industrial production January adjusted - 0.3%
09:00 Italy Industrial production January Y/Y adjusted - 1.3%
09:30 UK Industrial production January 0.4% 0.5%
09:30 UK Industrial production January Y/Y 4.2% 3.6%
09:30 UK Manufacturing output January 0.7% -0.1%
09:30 UK Manufacturing output January Y/Y 6.3% 4.4%
12:00 UK BoE meeting announcement 0.50% 0.50%
13:30 USA Jobless claims week to 05.03 383K 368K
13:30 USA International trade January, bln -41.2 -40.6
13:30 USA Export January, bln - 163.0
13:30 USA Import January, bln - 203.6
19:00 USA Federal budget February, bln - -49.8
21:30 USA M2 money supply 28.02, bln - +10.6

*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 +71, total yesterday +112 pips, as shown at our web site.

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