Majors Daily Forecast 5 April 2011

By @ibtimes on

EUR/USD
Trading range: 1.4220 - 1.4115
Trend: Downward
Sell at 1.4206 SL 1.4238 TP 1.4129

USD/JPY
Trading range: 84.55 - 83.60
Trend: Downward
Sell at 84.41 SL 84.73 TP 83.69

GBP/USD
Trading range: 1.6080 - 1.6195
Trend: Upward
Buy at 1.6093 SL 1.6061 TP 1.6181

USD/CHF
Trading range: 0.9255 - 0.9150
Trend: Downward
Sell at 0.9244 SL 0.9276 TP 0.9160

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

03:30 Australia RBA meeting announcement 4.75% 4.75%
07:45 Italy PMI services March - 53.1
07:50 France PMI services March 60.7 59.7
07:55 Germany PMI services March seasonally adjusted 60.1 58.6
08:00 EU17 PMI services March 56.9 56.8
08:30 UK CIPS services index March - 56.2
09:00 EU17 Retail sales February adjusted - 0.4%
09:00 EU17 Retail sales February adjusted Y/Y - 0.7%
12:55 USA Redbook 02.04
14:00 USA ISM Non-mfg composite index March 59.7 59.7
14:00 USA ISM Non-mfg business index March - 66.9
18:00 USA FOMC meeting minutes 15.03

*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 +82, total yesterday +86 pips, as shown at our web site.

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