Majors Daily Forecast 25 February 2011

By @ibtimes on

EUR/USD
Trading range: 1.3800 - 1.3900
Trend: Upward
Buy at 1.3812 SL 1.3780 TP 1.3889

USD/JPY
Trading range: 82.10 - 81.20
Trend: Downward
Sell at 82.00 SL 82.32 TP 81.28

GBP/USD
Trading range: 1.6130 - 1.6240
Trend: Upward
Buy at 1.6142 SL 1.6110 TP 1.6230

USD/CHF
Trading range: 0.9275 - 0.9170
Trend: Downward
Sell at 0.9261 SL 0.9293 TP 0.9177

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

00:01 UK Gfk consumer confidence February - -29
07:00 UK Nationwide house price index February - -0.1%
07:00 UK Nationwide house price index February Y/Y - -1.1%
07:45 France Consumer spending January -0.4% 0.6%
07:45 France Consumer spending January Y/Y - 0.4%
09:00 EU17 M3 money supply January adjusted Y/Y 1.9% 1.7%
09:00 EU17 M3 money supply 3 months to January adjusted Y/Y - 1.6%
09:30 UK GDP Q4 revised Y/Y -0.4% -0.5%
09:30 UK GDP Q4 revised Y/Y 1.8% 1.7%
13:00 Germany CPI February preliminary 0.4% -0.4%
13:00 Germany CPI February preliminary Y/Y - 2.0%
13:00 Germany HICP February preliminary Y/Y - 2.0%
13:30 USA GDP Q4 revised Y/Y 3.3% 3.2%
13:30 USA PCE price index Q4 revised - 1.8%
13:30 USA PCE price index ex food, energy Q4 revised - 0.4%
14:55 USA Michigan sentiment index February final 75.2 75.1

*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 +33, total yesterday +161 pips, as shown at our web site.

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