Majors Daily Forecast 12 July 2011

By @ibtimes on

EUR/USD
Trading range: 1.3985 - 1.3885
Trend: Downward
Sell at 1.3975 SL 1.4007 TP 1.3898

USD/JPY
Trading range: 80.25 - 79.35
Trend: Downward
Sell at 80.14 SL 80.46 TP 79.42

GBP/USD
Trading range: 1.5900 - 1.5785
Trend: Downward
Sell at 1.5887 SL 1.5919 TP 1.5799

USD/CHF
Trading range: 0.8350 - 0.8460
Trend: Upward
Buy at 0.8364 SL 0.8332 TP 0.8448

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

03:30 Japan BoJ meeting announcement 0.00-0.10% 0.00-0.10%
05:30 France CPI June unadjusted 0.1% 0.1%
05:30 France CPI June unadjusted Y/Y 2.1% 2.0%
05:30 France HICP June Y/Y 2.2% 2.2%
06:00 Germany CPI June final 0.1% 0.1%
06:00 Germany CPI June final Y/Y 2.3% 2.3%
06:00 Germany HICP June final Y/Y 2.4% 2.4%
08:30 UK HICP June - 0.2%
08:30 UK HICP June Y/Y - 4.5%
08:30 UK HICP ex EFAT June Y/Y - 3.3%
08:30 UK Retail prices June - 0.3%
08:30 UK Retail prices June Y/Y - 5.2%
08:30 UK RPI-X June Y/Y - 5.3%
08:30 UK Trade in goods May, bln - -7.4
08:30 UK Non-EU trade May, bln - -4.3
12:30 USA International trade May, bln -43.9 -43.7
12:30 USA Export May, bln - 175.6
12:30 USA Import May, bln - 219.2
12:55 USA Redbook 09.07
23:00 UK Nationwide consumer confidence June -

*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 +68, total yesterday +124 pips, as shown at our web site.

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