ZIFX.com - Daily Forecast 17 October 2012

EUR/USD
Trading range: 1.3075 - 1.3175
Trend: Upward
Buy at 1.3086 SL 1.3054 TP 1.3163

USD/JPY
Trading range: 78.50 - 79.45
Trend: Upward
Buy at 78.62 SL 78.30 TP 79.34

GBP/USD
Trading range: 1.6105 - 1.6215
Trend: Upward
Buy at 1.6116 SL 1.6084 TP 1.6204

USD/CHF
Trading range: 0.9260 - 0.9155
Trend: Downward
Sell at 0.9246 SL 0.9278 TP 0.9162


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

08:30 UK Claimant count September - -15K
08:30 UK Claimant count rate September 4.8% 4.8%
08:30 UK Average earnings 3 months to August Y/Y 1.6% 1.5%
08:30 UK Average earnings ex bonuses 3 months to August Y/Y - 1.9%
08:30 UK ILO Jobless rate August 8.1% 8.1%
08:30 UK BoE meeting minutes 03-04.10
10:00 UK CBI industrial order books balance October - -8%
12:30 USA Housing starts September, mln 0.765 0.750
12:30 USA Building permits September, mln 0.811 0.803

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