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Majors Daily Forecast 9 February 2010

09 Feb, 2010 @ 03:51 am BST | written by iFOREX


EUR/USD

Trading range: 1.3675 - 1.3780

Trend: Upward

Buy at 1.3689 SL 1.3657 TP 1.3766

USD/JPY

Trading range: 89.25 - 90.20

Trend: Upward

Buy at 89.37 SL 89.05 TP 90.09

GBP/USD

Trading range: 1.5655 - 1.5545

Trend: Downward

Sell at 1.5645 SL 1.5677 TP 1.5557

USD/CHF

Trading range: 1.0735 - 1.0635

Trend: Downward

Sell at 1.0725 SL 1.0757 TP 1.0641

Today's Economic Calendar:

Time GMT, Country, Indicator, Forecast, Prior

07:00 Ger Current account Dec unadj, bln 19.1 18.1

07:00 Ger Trade balance Dec unadj, bln 15.0 17.4

07:00 Ger CPI Jan final -0.6% 0.8%

07:00 Ger CPI Jan final Y/Y 0.8% 0.9%

07:00 Ger HICP Jan final Y/Y 0.7% 0.8%

09:30 UK Trade in goods Dec, bln -6.7 -6.8

09:30 UK Non-EU trade Dec, bln -3.1 -3.0

13:55 USA Redbook 07.02

15:00 USA Wholesale inventories Dec - 1.5%

23:50 Jap Corporate goods price index Jan domestic - 0.1%

23:50 Jap Corporate goods price index Jan domestic Y/Y - -3.9%

23:50 Jap Machinery orders core Dec adj - -11.3%

23:50 Jap Machinery orders core Dec unadj Y/Y - -20.5%

*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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