EUR/USD
Trading range: 1.2965 - 1.3065
Trend: Upward
Buy at 1.2978 SL 1.2946 TP 1.3055

USD/JPY
Trading range: 78.20 - 77.30
Trend: Downward
Sell at 78.10 SL 78.42 TP 77.38

GBP/USD
Trading range: 1.5420 - 1.5535
Trend: Upward
Buy at 1.5433 SL 1.5401 TP 1.5521

USD/CHF
Trading range: 0.9560 - 0.9455
Trend: Downward
Sell at 0.9548 SL 0.9580 TP 0.9464

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

08:00 France PMI December flash 47.0 47.3
08:00 France PMI services December flash 48.5 49.6
08:30 Swiss SNB press-conference 0.00-0.25% 0.00-0.25%
08:30 Germany PMI December flash 47.6 47.9
08:30 Germany PMI services December flash 50.0 50.3
09:00 EU17 PMI December flash 46.0 46.4
09:00 EU17 PMI services December flash 47.2 47.5
09:00 Italy CPI November final -0.1% 0.6%
09:00 Italy CPI November final Y/Y 3.3% 3.4%
09:00 Italy HICP November final Y/Y 3.7% 3.8%
09:30 UK Retail sales November -0.2% 0.6%
09:30 UK Retail sales November Y/Y 0.4% 0.9%
10:00 EU17 Harmonized CPI November final 0.1% 0.3%
10:00 EU17 Harmonized CPI November final Y/Y 3.0% 3.0%
10:00 EU17 Harmonized CPI ex EFAT November Y/Y 1.7% 1.6%
11:00 UK CBI industrial order books balance December -23% -19%
11:00 UK CBI industrial output balance December - -8%
13:30 USA Jobless claims week to 10.12 390K 381K
13:30 USA Current account Q3, bln -107.3 -118.0
13:30 USA NY Fed Empire State manufacturing index December 2.0 0.6
13:30 USA PPI November 0.2% -0.3%
13:30 USA PPI November Y/Y - 5.9%
13:30 USA PPI excluding food and energy November 0.2% 0.0%
13:30 USA PPI excluding food and energy November Y/Y - 2.8%
14:00 USA TICS net flows October, bln - 57.4
14:00 USA TICS net long-term flows October, bln - 68.6
14:15 USA Industrial production November 0.2% 0.7%
14:15 USA Capacity utilisation November 77.9 77.8
15:00 USA Philadelphia Fed index December 5.5 3.6
21:30 USA M2 money supply 05.12, bln - +3.4

*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 +53, total yesterday +95 pips, as shown at our web site.