Majors Daily Forecast 20 April 2011

By @ibtimes on

EUR/USD
Trading range: 1.4370 - 1.4470
Trend: Upward
Buy at 1.4382 SL 1.4350 TP 1.4459

USD/JPY
Trading range: 82.75 - 83.70
Trend: Upward
Buy at 82.87 SL 82.55 TP 83.59

GBP/USD
Trading range: 1.6320 - 1.6430
Trend: Upward
Buy at 1.6330 SL 1.6298 TP 1.6418

USD/CHF
Trading range: 0.8995 - 0.8890
Trend: Downward
Sell at 0.8984 SL 0.9016 TP 0.8900

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

06:00 Germany PPI March 0.7% 0.7%
06:00 Germany PPI March Y/Y 6.5% 6.4%
UK BoE meeting minutes 06-07.04
14:00 USA Existing home sales March, mln 5.00 4.88

*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 +57, total yesterday +76 pips, as shown at our web site.

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