Majors Daily Forecast 21 April 2011

By @ibtimes on

EUR/USD
Trading range: 1.4550 - 1.4650
Trend: Upward
Buy at 1.4563 SL 1.4531 TP 1.4640

USD/JPY
Trading range: 82.45 - 81.50
Trend: Downward
Sell at 82.31 SL 82.63 TP 81.59

GBP/USD
Trading range: 1.6420 - 1.6530
Trend: Upward
Buy at 1.6432 SL 1.6400 TP 1.6520

USD/CHF
Trading range: 0.8895 - 0.8790
Trend: Downward
Sell at 0.8883 SL 0.8915 TP 0.8799

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

05:00 Japan Leading indicators composite index February final - 104.2
05:00 Japan Coincident indicators composite index February final - 106.3
08:00 Germany IFO business climate index April 111.0 111.1
08:30 UK PSNCR March, bln - 7.0
08:30 UK PSNB March, bln - 10.3
08:30 UK Retail sales March -0.5% -0.8%
08:30 UK Retail sales March Y/Y 1.0% 1.3%
12:30 Canada Retail sales February 0.5% -0.3%
12:30 Canada Retail sales excluding auto February - 0.0%
12:30 USA Jobless claims week to 16.04 390K 412K
14:00 USA Leading indicators March 0.3% 0.8%
14:00 USA Philadelphia Fed index April 37.0 43.4
20:30 USA M2 money supply 11.04, bln - +26.2

*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 +78, total yesterday +144 pips, as shown at our web site.

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