Majors Daily Forecast 21 January 2010

USD/JPYTrading range: 91.35 - 92.30Trend: UpwardBuy at 91.45 SL 91.13 TP 92.17

GBP/USDTrading range: 1.6305 - 1.6195Trend: DownwardSell at 1.6294 SL 1.6326 TP 1.6206

USD/CHFTrading range: 1.0425 - 1.0530Trend: UpwardBuy at 1.0435 SL 1.0403 TP 1.0519

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

05:00 Jap Leading indicators comp index Nov final 91.2 91.205:00 Jap Coincident indicators comp index Nov final 95.9 95.908:00 Fra PMI Jan flash - 54.708:00 Fra PMI services Jan flash - 58.708:30 Ger PMI Jan flash 52.9 52.708:30 Ger PMI services Jan flash 52.8 52.709:00 EU 16 PMI Jan flash 51.9 51.609:00 EU 16 PMI services Jan flash 53.7 53.609:30 UK M4 money supply Dec provisional - 0.1%09:30 UK M4 money supply Dec provisional Y/Y - 9.3%09:30 UK PSNCR Dec, bln 25.5 14.709:30 UK PSNB Dec, bln 18.2 20.311:00 UK CBI industrial order books balance Jan - -42%11:00 UK CBI industrial output balance Jan -6% -7%13:30 USA Jobless claims week to 16.01 442K 444K15:00 USA Leading indicators Dec 0.6% 0.9%15:00 USA Philadelphia Fed index Jan 18.0 20.421:30 USA M2 money supply 11.01, bln - -46.5

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