Majors Daily Forecast 14 December 2010

By @ibtimes on

EUR/USD
Trading range: 1.3370 - 1.3470
Trend: Upward
Buy at 1.3383 SL 1.3351 TP 1.3460

USD/JPY
Trading range: 83.60 - 82.70
Trend: Downward
Sell at 83.48 87 83.80 TP 82.76

GBP/USD
Trading range: 1.5845 - 1.5960
Trend: Upward
Buy at 1.5859 SL 1.5827 TP 1.5947

USD/CHF
Trading range: 0.9700 - 0.9595
Trend: Downward
Sell at 0.9689 SL 0.9721 TP 0.9605

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

04:30 Japan Industrial output October final -1.8% -1.8%
04:30 Japan Industrial output October final Y/Y 4.5% 4.5%
06:30 France CPI November unadjusted - 0.1%
06:30 France CPI November unadjusted Y/Y - 1.6%
06:30 France HICP November Y/Y - 1.8%
09:30 UK HICP November - 0.3%
09:30 UK HICP November Y/Y - 3.2%
09:30 UK HICP ex EFAT November Y/Y - 2.7%
09:30 UK Retail prices November - 0.2%
09:30 UK Retail prices November Y/Y - 4.5%
09:30 UK RPI-X November Y/Y - 4.6%
10:00 Germany ZEW economic expectations index December - 1.8
10:00 EU 16 Industrial production October - -0.9%
10:00 EU 16 Industrial production October Y/Y - 5.2%
13:30 USA Retail sales November 0.5% 1.2%
13:30 USA Retail sales excluding auto November 0.5% 0.4%
13:30 USA PPI November 0.5% 0.4%
13:30 USA PPI November Y/Y - 4.3%
13:30 USA PPI excluding food and energy November 0.2% -0.6%
13:30 USA PPI excluding food and energy November Y/Y - 1.5%
13:55 USA Redbook 11.12
15:00 USA Business inventories October 1.2% 0.9%
18:15 USA FOMC meeting announcement 0.00-0.25% 0.00-0.25%
23:50 Japan Tertiary activity index October - -0.9%
23:50 Japan BoJ Tankan survey Q4 - +8

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