Majors Daily Forecast 18 January 2010

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EUR/USD
Trading range: 1.4345 - 1.4445
Trend: Upward
Buy at 1.4358 SL 1.4326 TP 1.4435

USD/JPY
Trading range: 90.70 - 91.65
Trend: Upward
Buy at 90.81 SL 90.49 TP 91.53

GBP/USD
Trading range: 1.6260 - 1.6375
Trend: Upward
Buy at 1.6274 SL 1.6242 TP 1.6362

USD/CHF
Trading range: 1.0300 - 1.0195
Trend: Downward
Sell at 1.0287 SL 1.0319 TP 1.0203

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

04:30 Jap Industrial output Nov final 2.6% 2.6%
04:30 Jap Industrial output Nov final Y/Y -3.9% -3.9%
USA Martin Luther King Day

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