Majors Daily Forecast 2 August 2010

By IBTimes Staff Reporter | August 02 2010 3:50 AM

EUR/USDTrading range: 1.3100 - 1.3000Trend: DownwardSell at 1.3088 SL 1.3120 TP 1.3011

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USD/JPYTrading range: 86.40 - 87.35Trend: UpwardBuy at 86.51 SL 86.19 TP 87.23

GBP/USDTrading range: 1.5700 - 1.5815Trend: UpwardBuy at 1.5714 SL 1.5682 TP 1.5802

USD/CHFTrading range: 1.0385 - 1.0490Trend: UpwardBuy at 1.0395 SL 1.0363 TP 1.0479

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

07:45 Italy PMI July 54.8 54.307:50 France PMI July 53.7 54.807:55 Germany PMI July seasonally adjusted 61.2 58.408:00 EU 16 PMI July 56.5 55.608:30 UK CIPS manufacturing index July - 57.5Canada Civic Holiday14:00 USA ISM Mfg business index July 53.5 56.214:00 USA Construction spending June -0.5% -0.2%

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