Majors Daily Forecast 3 December 2010

By @ibtimes on

EUR/USD
Trading range: 1.3185 - 1.3285
Trend: Upward
Buy at 1.3197 SL 1.3165 TP 1.3274

USD/JPY
Trading range: 83.85 - 82.90
Trend: Downward
Sell at 83.72 87 84.04 TP 83.00

GBP/USD
Trading range: 1.5580 - 1.5690
Trend: Upward
Buy at 1.5592 SL 1.5560 TP 1.5680

USD/CHF
Trading range: 0.9960 - 0.9855
Trend: Downward
Sell at 0.9946 SL 0.9978 TP 0.9862

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

08:45 Italy PMI services November 51.5 51.0
08:50 France PMI services November 55.7 54.8
08:55 Germany PMI services November seasonally adjusted 58.6 56.0
09:00 EU 16 PMI services November 55.2 53.3
09:30 UK CIPS services index November - 53.2
10:00 EU 16 Retail sales October adjusted 0.2% -0.2%
10:00 EU 16 Retail sales October adjusted Y/Y - 1.1%
12:00 Canada Employment November - +3.0
12:00 Canada Unemployment rate November - 7.9%
13:30 USA Nonfarm payrolls November +135K +151K
13:30 USA Unemployment rate November 9.6% 9.6%
13:30 USA Average hourly earnings November 0.1% 0.2%
13:30 USA Average workweek November 34.3 34.3
15:00 USA ISM Non-mfg composite index November 54.0 54.3
15:00 USA ISM Non-mfg business index November - 58.4
15:00 USA Factory orders October -1.4% 2.1%

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