EUR/USD
Trading range: 1.2530 - 1.2430
Trend: Downward
Sell at 1.2520 SL 1.2552 TP 1.2443

USD/JPY
Trading range: 78.65 - 77.75
Trend: Downward
Sell at 78.53 SL 78.85 TP 77.81

GBP/USD
Trading range: 1.5810 - 1.5695
Trend: Downward
Sell at 1.5796 SL 1.5828 TP 1.5708

USD/CHF
Trading range: 0.9580 - 0.9685
Trend: Upward
Buy at 0.9591 SL 0.9559 TP 0.9675

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

05:00 Japan Housing starts July Y/Y - -0.2%
05:00 Japan Construction orders July Y/Y - 4.6%
06:00 Germany Retail sales July real adjusted - -0.1%
06:00 Germany Retail sales July real unadjusted Y/Y - 2.9%
09:00 Italy CPI August preliminary - 0.1%
09:00 Italy CPI August preliminary Y/Y - 3.1%
09:00 Italy HICP August preliminary Y/Y - 3.6%
09:00 EU17 Harmonized CPI August Y/Y preliminary - 2.4%
09:00 EU17 Unemployment July 11.3% 11.2%
10:00 Italy PPI July - -0.1%
10:00 Italy PPI July Y/Y - 2.1%
12:30 Canada GDP June 0.1% 0.1%
13:45 USA Chicago PMI August 53.0 53.7
13:55 USA Michigan sentiment index August final 73.7 73.6
14:00 USA Factory orders July 2.0% -0.5%
14:00 USA Bernanke speaks in Jackson Hole

*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 +50, total yesterday +28 pips, as shown at our web site.