Majors Daily Forecast 3 February 2010

By @ibtimes on

EUR/USD
Trading range: 1.3775 - 1.3875
Trend: Upward
Buy at 1.3785 SL 1.3753 TP 1.3862

USD/JPY
Trading range: 81.80 - 80.90
Trend: Downward
Sell at 81.70 SL 82.02 TP 80.98

GBP/USD
Trading range: 1.6165 - 1.6275
Trend: Upward
Buy at 1.6175 SL 1.6143 TP 1.6263

USD/CHF
Trading range: 0.9385 - 0.9490
Trend: Upward
Buy at 0.9396 SL 0.9364 TP 0.9480

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

08:45 Italy PMI services January - 50.2
08:50 France PMI services January 57.1 54.9
08:55 Germany PMI services January seasonally adjusted 60.0 59.2
09:00 EU17 PMI services January 55.2 54.2
09:30 UK CIPS services index January 51.0 49.7
10:00 EU16 Retail sales December adjusted 0.5% -0.8%
10:00 EU16 Retail sales December adjusted Y/Y 0.2% 0.1%
12:45 EU17 ECB meeting announcement 1.00% 1.00%
13:30 EU17 ECB press conference
13:30 USA Jobless claims week to 29.01 - 454K
13:30 USA Productivity Q4 preliminary 2.0% 2.3%
13:30 USA Unit labour cost Q4 preliminary - -0.1%
15:00 USA ISM Non-mfg composite index January 57.0 57.1
15:00 USA ISM Non-mfg business index January - 63.5
15:00 USA Factory orders December 1.2% 0.7%
21:30 USA M2 money supply 24.01, bln - +46.6

*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 +117, total yesterday +105 pips, as shown at our web site.

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