Majors Daily Forecast 5 February 2010

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EUR/USD
Trading range: 1.3610 - 1.3710
Trend: Upward
Buy at 1.3623 SL 1.3591 TP 1.3700

USD/JPY
Trading range: 89.10 - 90.10
Trend: Upward
Buy at 89.24 SL 88.92 TP 89.96

GBP/USD
Trading range: 1.5525 - 1.5635
Trend: Upward
Buy at 1.5537 SL 1.5505 TP 1.5625

USD/CHF
Trading range: 1.0780 - 1.0675
Trend: Downward
Sell at 1.0766 SL 1.0798 TP 1.0682

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

00:00 EU EU Parliament Plenary session 8th-11th
05:00 JP Economy Watchers Survey Jan index 35.4
08:15 CH Retail Sales Dec %y/y 0.6
08:30 DK Trade Balance Dec DKK bn 6.3
08:30 NL Industrial Production Dec % m/m 0.4
08:30 NL Industrial Production Dec % y/y -2
09:00 IS Trade Balance (P) Jan ISKbn 7.035
09:30 EU Sentix Index Feb index -2.7 -3.7
13:15 CA Housing starts Jan k 179 174.5

*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, on which our performance is based!

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