Majors Daily Forecast 26 February 2010

By IBTimes Staff Reporter | February 26 2010 3:26 AM

EUR/USDTrading range: 1.3540 - 1.3640Trend: UpwardBuy at 1.3552 SL 1.3520 TP 1.3629

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USD/JPYTrading range: 89.50 - 88.60Trend: DownwardSell at 89.39 87 89.71 TP 88.67

GBP/USDTrading range: 1.5230 - 1.5340Trend: UpwardBuy at 1.5242 SL 1.5210 82 1.5330

USD/CHFTrading range: 1.0810 - 1.0705Trend: DownwardSell at 1.0796 SL 1.0828 TP 1.0712

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

00:01 UK Gfk consumer confidence Jan - -1705:00 Jap Housing starts Jan Y/Y - -15.7%05:00 Jap Construction orders Jan Y/Y - 0.6%07:00 UK Nationwide house price index Feb - 1.2%07:00 UK Nationwide house price index Feb Y/Y - 8.6%09:30 UK GDP Q4 revised Y/Y - 0.1%09:30 UK GDP Q4 revised Y/Y - -3.2%10:00 EU 16 Harmonized CPI Jan final -0.7% 0.3%10:00 EU 16 Harmonized CPI Jan final Y/Y 1.0% 0.9%10:00 EU 16 Harmonized CPI ex EFAT Jan Y/Y 1.0% 1.1%13:30 USA GDP Q4 revised Y/Y 5.6% 5.7%13:30 USA PCE price index Q4 revised - 2.7%13:30 USA PCE price index ex food, energy Q4 revised - 1.4%14:45 USA Chicago PMI Feb 58.5 61.514:55 USA Michigan sentiment index Feb final - 73.715:00 USA Existing home sales Jan, mln 5.50 5.4516:40 Ger CPI Feb prelim 0.5% -0.6%16:40 Ger CPI Feb prelim Y/Y 0.7% 0.8%16:40 Ger HICP Feb prelim Y/Y 0.6% 0.8%

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