Majors Daily Forecast 10 May 2011

By @ibtimes on

EUR/USD
Trading range: 1.4355 - 1.4255
Trend: Downward
Sell at 1.4343 SL 1.4375 TP 1.4266

USD/JPY
Trading range: 80.55 - 79.65
Trend: Downward
Sell at 80.45 SL 80.77 TP 79.73

GBP/USD
Trading range: 1.6425 - 1.6315
Trend: Downward
Sell at 1.6413 SL 1.6445 TP 1.6325

USD/CHF
Trading range: 0.8710 - 0.8820
Trend: Upward
Buy at 0.8724 SL 0.8692 TP 0.8808

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

06:45 France Industrial production March - 0.4%
06:45 France Industrial production March Y/Y - 6.0%
08:00 Italy Industrial production March adjusted - 1.4%
08:00 Italy Industrial production March Y/Y adjusted - 2.3%
12:30 USA Import prices April - 2.7%
12:30 USA Export prices April - 1.5%
12:55 USA Redbook 07.05
14:00 USA Wholesale inventories March 1.0% 1.0%

*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 +108, total yesterday +88 pips, as shown at our web site.

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