Majors Daily Forecast 17 March 2011

By @ibtimes on

EUR/USD
Trading range: 1.3950 - 1.3845
Trend: Downward
Sell at 1.3936 SL 1.3968 TP 1.3859

USD/JPY
Trading range: 79.55 - 78.65
Trend: Downward
Sell at 79.43 SL 79.75 TP 78.71

GBP/USD
Trading range: 1.6055 - 1.5945
Trend: Downward
Sell at 1.6045 SL 1.6077 TP 1.5957

USD/CHF
Trading range: 0.9050 - 0.8945
Trend: Downward
Sell at 0.9039 SL 0.9071 TP 0.8955

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

08:30 Swiss SNB press-conference - 0.00-0.75%
11:00 UK CBI industrial order books balance March - -8%
11:00 UK CBI industrial output balance March - 23%
13:30 USA Jobless claims week to 12.03 385K 397K
13:30 USA CPI February 0.4% 0.4%
13:30 USA CPI February Y/Y - 1.6%
13:30 USA CPI excluding food and energy February 0.1% 0.2%
13:30 USA CPI excluding food and energy February Y/Y - 1.0%
14:15 USA Industrial production February 0.6% -0.1%
14:15 USA Capacity utilisation February 76.5 76.1
15:00 USA Leading indicators February 0.9% 0.1%
15:00 USA Philadelphia Fed index March 27.0 35.9
21:30 USA M2 money supply 07.03, bln - +15.9
23:50 Japan BoJ meeting minutes 16-17.02

*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 +135, total yesterday +111 pips, as shown at our web site.

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