Majors Daily Forecast 8 January 2010

By IBTimes Staff Reporter | January 08 2010 3:45 AM

EUR/USDTrading range: 1.4275 - 1.4380Trend: UpwardBuy at 1.4289 SL 1.4257 TP 1.4366

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USD/JPYTrading range: 93.55 - 92.65Trend: DownwardSell at 93.43 87 93.75 TP 92.71

GBP/USDTrading range: 1.5915 - 1.6025Trend: UpwardBuy at 1.5926 SL 1.5894 82 1.6014

USD/CHFTrading range: 1.0370 - 1.0270Trend: DownwardSell at 1.0360 SL 1.0392 TP 1.0276

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

05:00 Jap Leading ind-s composite index Nov prelim - 89.405:00 Jap Coincident ind-s composite index Nov prelim - 94.307:00 Ger Retail sales Dec real adj - 0.5%07:00 Ger Retail sales Dec real unadj Y/Y - -1.7%07:00 Ger Current account Dec unadj, bln - 11.007:00 Ger Trade balance Dec unadj, bln - 13.609:00 UK Halifax house price index Dec - 1.4%09:00 UK Halifax house price index Dec 3m Y/Y - -1.6%09:30 UK PPI Output Dec unadj - 0.2%09:30 UK PPI Output Dec unadj Y/Y - 2.9%09:30 UK PPI Output ex FDT Dec adj - -0.1%09:30 UK PPI Output ex FDT Dec unadj Y/Y - 2.0%09:30 UK PPI Input Dec adj - 0.1%09:30 UK PPI Input Dec unadj Y/Y - 4.0%10:00 EU 16 Unemployment Nov - 9.8%11:00 Ger Ind prod. Nov adj - -1.8%11:00 Ger Ind prod. Nov adj Y/Y - -12.4%11:00 Ger Ind prod. Nov not seas. adj, workday adj Y/Y - -12.1%13:30 USA Nonfarm payrolls Dec -2K -11K13:30 USA Unemployment rate Dec 10.0% 10.0%13:30 USA Average hourly earnings Dec 0.2% 0.1%13:30 USA Average workweek Dec 33.2 33.215:00 USA Wholesale inventories Nov -0.1% 0.3%20:00 USA Consumer credit Nov, bln -4.5 -3.5

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