Majors Daily Forecast 8 April 2011

By @ibtimes on

EUR/USD
Trading range: 1.4370 - 1.4475
Trend: Upward
Buy at 1.4384 SL 1.4352 TP 1.4461

USD/JPY
Trading range: 84.90 - 85.85
Trend: Upward
Buy at 85.00 SL 84.68 TP 85.72

GBP/USD
Trading range: 1.6360 - 1.6470
Trend: Upward
Buy at 1.6370 SL 1.6338 TP 1.6458

USD/CHF
Trading range: 0.9150 - 0.9045
Trend: Downward
Sell at 0.9138 SL 0.9170 TP 0.9054

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

05:00 Japan BoJ monthly economic report April
06:00 Germany Current account February unadjusted, bln - 7.2
06:00 Germany Trade balance February unadjusted, bln - 10.1
08:30 UK PPI Output March unadjusted - 0.5%
08:30 UK PPI Output March unadjusted Y/Y - 5.3%
08:30 UK PPI Output ex FDT March adjusted - 0.1%
08:30 UK PPI Output ex FDT March unadjusted Y/Y - 3.1%
08:30 UK PPI Input March adjusted - 1.1%
08:30 UK PPI Input March unadjusted Y/Y - 14.6%
12:00 Canada Employment March - +15.1
12:00 Canada Unemployment rate March - 7.8%
14:00 USA Wholesale inventories February - 1.1%

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

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