Majors Daily Forecast 11 October 2011

By @ibtimes on

EUR/USD
Trading range: 1.3605 - 1.3705
Trend: Upward
Buy at 1.3617 SL 1.3585 TP 1.3694

USD/JPY
Trading range: 76.50 - 77.50
Trend: Upward
Buy at 76.64 SL 76.32 TP 77.36

GBP/USD
Trading range: 1.5600 - 1.5710
Trend: Upward
Buy at 1.5612 SL 1.5580 TP 1.5700

USD/CHF
Trading range: 0.9065 - 0.8960
Trend: Downward
Sell at 0.9054 SL 0.9086 TP 0.8970

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

05:00 Japan BoJ monthly economic report
08:30 UK Industrial production August - -0.2%
08:30 UK Industrial production August Y/Y - -0.7%
08:30 UK Manufacturing output August - 0.1%
08:30 UK Manufacturing output August Y/Y - 1.9%
18:00 USA FOMC meeting minutes 21.09
23:50 Japan Machinery orders core August adjusted - -8.2%
23:50 Japan Machinery orders core August unadjusted Y/Y - 4.0%

*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 +75, total yesterday +119 pips, as shown at our web site.

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