Majors Daily Forecast 22 March 2012

By @ibtimes on

EUR/USD
Trading range: 1.3265 - 1.3165
Trend: Downward
Sell at 1.3254 SL 1.3286 TP 1.3177

USD/JPY
Trading range: 83.55 - 82.60
Trend: Downward
Sell at 83.41 SL 83.73 TP 82.69

GBP/USD
Trading range: 1.5850 - 1.5960
Trend: Upward
Buy at 1.5862 SL 1.5830 TP 1.5950

USD/CHF
Trading range: 0.9085 - 0.9190
Trend: Upward
Buy at 0.9095 SL 0.9063 TP 0.9179

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

00:01 UK Nationwide consumer confidence March -
08:00 France PMI March flash 50.3 50.0
08:00 France PMI services March flash 50.7 50.0
08:30 Germany PMI March flash 50.6 50.2
08:30 Germany PMI services March flash 52.9 52.8
09:00 EU17 PMI March flash 49.4 49.0
09:00 EU17 PMI services March flash 49.5 48.8
09:30 UK Retail sales February -0.1% 0.9%
09:30 UK Retail sales February Y/Y - 2.0%
10:00 EU17 Industrial orders January - 1.9%
10:00 EU17 Industrial orders January Y/Y - -1.7%
12:30 Canada Retail sales January - -0.2%
12:30 Canada Retail sales excluding auto January - 0.0%
12:30 USA Jobless claims week to 17.03 354K 351K
14:00 USA Leading indicators February 0.6% 0.4%
20:30 USA M2 money supply 12.03, bln - +15.3

*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 +81, total yesterday +92 pips, as shown at our web site.

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