Majors Daily Forecast 11 February 2011

By @ibtimes on

EUR/USD
Trading range: 1.3595 - 1.3490
Trend: Downward
Sell at 1.3581 SL 1.3613 TP 1.3504

USD/JPY
Trading range: 83.30 - 84.25
Trend: Upward
Buy at 83.41 SL 83.09 TP 84.13

GBP/USD
Trading range: 1.6075 - 1.5965
Trend: Downward
Sell at 1.6065 SL 1.6097 TP 1.5977

USD/CHF
Trading range: 0.9670 - 0.9780
Trend: Upward
Buy at 0.9683 SL 0.9651 TP 0.9767

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

Japan National Foundation Day
07:00 Germany CPI January final -0.5% -0.5%
07:00 Germany CPI January final Y/Y 1.9% 1.9%
07:00 Germany HICP January final Y/Y 2.0% 2.0%
07:00 Germany Wholesale prices January 1.0% 1.8%
07:00 Germany Wholesale prices January Y/Y 9.0% 9.5%
09:30 UK PPI Output January unadj 0.5% 0.5%
09:30 UK PPI Output January unadj Y/Y 4.4% 4.2%
09:30 UK PPI Output ex FDT January adj - 0.2%
09:30 UK PPI Output ex FDT January unadj Y/Y - 2.9%
09:30 UK PPI Input January adj 0.9% 3.4%
09:30 UK PPI Input January unadj Y/Y 12.0% 12.5%
13:30 USA International trade December, bln -40.2 -38.3
13:30 USA Export December, bln - 159.7
13:30 USA Import December, bln - 198.0
14:55 USA Michigan sentiment index February preliminary 75.2 74.2

*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 +77, total yesterday +111 pips, as shown at our web site.

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