Majors Daily Forecast 14 September 2012

  on September 14 2012 2:26 AM

EUR/USD Trading range: 1.2995 - 1.3095 Trend: Upward Buy at 1.3006 SL 1.2974 TP 1.3083

USD/JPY Trading range: 77.80 - 76.85 Trend: Downward Sell at 77.66 SL 77.98 TP 76.94

GBP/USD Trading range: 1.6160 - 1.6270 Trend: Upward Buy at 1.6171 SL 1.6139 TP 1.6259

USD/CHF Trading range: 0.9360 - 0.9255 Trend: Downward Sell at 0.9349 SL 0.9381 TP 0.9265

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

04:30 Japan Industrial output July final -1.2% -1.2% 04:30 Japan Industrial output July final Y/Y -1.0% -1.0% 06:00 Germany Wholesale prices August - 0.3% 06:00 Germany Wholesale prices August Y/Y - 2.0% 09:00 EU17 Harmonized CPI August final 0.4% -0.5% 09:00 EU17 Harmonized CPI August final Y/Y 2.6% 2.4% 09:00 EU17 Harmonized CPI ex EFAT August Y/Y 1.7% 1.7% 12:30 USA Retail sales August 0.8% 0.8% 12:30 USA Retail sales excluding auto August 0.8% 0.8% 12:30 USA CPI August 0.6% 0.0% 12:30 USA CPI August Y/Y - 1.4% 12:30 USA CPI excluding food and energy August 0.2% 0.1% 12:30 USA CPI excluding food and energy August Y/Y - 2.1% 13:15 USA Industrial production August -0.2% 0.5% 13:15 USA Capacity utilisation August 79.2 79.4 13:55 USA Michigan sentiment index September preliminary 73.5 74.3 14:00 USA Business inventories July 0.5% 0.1%

*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 +52, total yesterday +87 pips, as shown at our web site.

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