Majors Daily Forecast 13 July 2011

By @ibtimes on

EUR/USD
Trading range: 1.4035 - 1.3935
Trend: Downward
Sell at 1.4022 SL 1.4054 TP 1.3945

USD/JPY
Trading range: 79.70 - 78.75
Trend: Downward
Sell at 79.57 SL 79.89 TP 78.85

GBP/USD
Trading range: 1.5960 - 1.5850
Trend: Downward
Sell at 1.5949 SL 1.5981 TP 1.5861

USD/CHF
Trading range: 0.8340 - 0.8240
Trend: Downward
Sell at 0.8330 SL 0.8362 TP 0.8246

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

04:30 Japan Industrial output May final 5.7% 5.7%
04:30 Japan Industrial output May final Y/Y -5.9% -5.9%
05:00 Japan BoJ monthly economic report
08:30 UK Claimant count June - 19600
08:30 UK Claimant count rate June 4.6% 4.6%
08:30 UK Average earnings 3 months to May Y/Y - 1.8%
08:30 UK Average earnings ex bonuses 3 months to May Y/Y - 2.0%
08:30 UK ILO Jobless rate May - 7.7%
09:00 EU17 Industrial production May - 0.2%
09:00 EU17 Industrial production May Y/Y - 5.2%
12:30 USA Import prices June - 0.2%
12:30 USA Export prices June - 0.2%
18:00 USA FOMC meeting minutes 21-22.06
19:00 USA Federal budget June, bln -47.0 -57.6

*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 +178 pips, as shown at our web site.

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