Majors Daily Forecast 19 January 2011

By @ibtimes on

EUR/USD
Trading range: 1.3425 - 1.3525
Trend: Upward
Buy at 1.3437 SL 1.3405 TP 1.3514

USD/JPY
Trading range: 82.40 - 81.50
Trend: Downward
Sell at 82.29 87 82.61 TP 81.57

GBP/USD
Trading range: 1.5990 - 1.6105
Trend: Upward
Buy at 1.6004 SL 1.5972 TP 1.6092

USD/CHF
Trading range: 0.9615 - 0.9515
Trend: Downward
Sell at 0.9605 SL 0.9637 TP 0.9521

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

09:00 EU16 Current account November adjusted, bln - -9.8
09:00 EU16 Current account November unadjusted, bln -4.0 -2.3
09:30 UK Claimant count December - -1,200
09:30 UK Claimant count rate December - 4.5%
09:30 UK Average earnings 3 months to November Y/Y 2.2% 2.2%
09:30 UK Average earnings ex bonuses 3 months to November Y/Y - 2.3%
09:30 UK ILO Jobless rate November 7.9% 7.9%
13:30 USA Housing starts December, mln 0.550 0.555
13:30 USA Building permits December, mln 0.555 0.530

*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 +101, total yesterday +176 pips, as shown at our web site.

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