Majors Daily Forecast 19 February 2010

By IBTimes Staff Reporter | February 19 2010 3:23 AM

EUR/USDTrading range: 1.3525 - 1.3425Trend: DownwardSell at 1.3514 SL 1.3546 TP 1.3437

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USD/JPYTrading range: 91.55 - 92.55Trend: UpwardBuy at 91.69 SL 91.37 TP 92.41

GBP/USDTrading range: 1.5445 - 1.5335Trend: DownwardSell at 1.5434 SL 1.5466 TP 1.5346

USD/CHFTrading range: 1.0830 - 1.0940Trend: UpwardBuy at 1.0843 SL 1.0811 TP 1.0927

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

04:30 Jap All industry index Dec - 0.1%05:00 Jap BoJ monthly economic report Feb07:00 Ger PPI Jan 0.2% -0.1%07:00 Ger PPI Jan Y/Y -4.0% -5.2%07:45 Fran Business confidence Feb 93 9208:00 Fran PMI Feb flash 55.3 55.408:00 Fran PMI services Feb flash 56.1 56.308:30 Ger PMI Feb flash 53.9 53.708:30 Ger PMI services Feb flash 52.3 52.209:00 EU 16 PMI Feb flash 52.6 52.409:00 EU 16 PMI services Feb flash 52.7 52.509:00 EU 16 Current account Dec adj, bln - 0.109:00 EU 16 Current account Dec unadj, bln - 0.109:30 UK Retail sales Jan -0.4% 0.3%09:30 UK Retail sales Jan Y/Y 1.1% 2.1%13:30 Can Retail sales Dec - -0.3%13:30 Can Retail sales excluding auto Dec - 0.0%13:30 USA CPI Jan 0.3% 0.1%13:30 USA CPI Jan Y/Y - 2.7%13:30 USA CPI excluding food and energy Jan 0.2% 0.1%13:30 USA CPI excluding food and energy Jan Y/Y - 1.8%

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