Majors Daily Forecast 11 January 2010

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EUR/USD
Trading range: 1.4535 - 1.4435
Trend: Downward
Sell at 1.4523 SL 1.4555 TP 1.4446

USD/JPY
Trading range: 92.10 - 93.05
Trend: Upward
Buy at 92.20 SL 91.88 TP 92.92

GBP/USD
Trading range: 1.6060 - 1.6170
Trend: Upward
Buy at 1.6071 SL 1.6039 82 1.6159

USD/CHF
Trading range: 1.0140 - 1.0245
Trend: Upward
Buy at 1.0151 SL 1.0119 TP 1.0235

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

Japan Coming of Age Day
07:45 Fra Industr production Nov 0.2% -0.8%
07:45 Fra Industr production Nov Y/Y -5.4% -8.4%
23:50 Jap Current account Nov unadj, trln 1.009 1.398
23:50 Jap Trade balance Nov unadj, trln 0.489 0.949
23:50 Jap M2+CDs money supply Dec Y/Y 3.3% 3.3%

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