Saturday, May 14, 2011
Monday, May 02, 2011
GBP/USD Technical Analysis
The pair is in an uptrend after bottoming at 1.4226. Trading is situated above the 50- and 200-day SMA, currently projected at 1.6090 and 1.5715.
Due to today's bank holiday in UK, no major swings are to be expected and the pair is likely to maintain its current range 1.6690-6624. Major support on the downside is 1.6580.
Thursday, April 28, 2011
GBP/USD Technical Analysis
The pair is in an uptrend after bottoming at 1.4226. Trading is situated above the 50- and 200-day SMA, currently projected at 1.6090 and 1.5715.
Yesterday's rise filled my target at 1.6750 and currently a consolidation pattern is underway, aiming at 1.6640 support. The bias on the larger frames is still bullish, so current slide is to be considered corrective before next advance towards 1.6860.
EUR/USD Technical Analysis
EUR\/USD is in a an uptrend, after bottoming at 1.2870 (January 9, 2011). Technical indicators are ascending and trading is situated above the 50- and 200-Day SMA, currently projected at 1.3917 and 1.3440.
Yesterday's rise filled my target at 1.4860 and with current high at 1.4882 the pair has entered a larger consolidation pattern, aiming to correct 1.4631-4882 uptrend. The intraday bias is negative for 1.4797, en route to 1.4760 before final rise for 1.4960.
Thursday, April 14, 2011
Majors Daily Forecast 14 April 2011
EUR/USD
Trading range: 1.4430 - 1.4530
Trend: Upward
Buy at 1.4443 SL 1.4411 TP 1.4520
USD/JPY
Trading range: 83.80 - 82.85
Trend: Downward
Sell at 83.66 SL 83.98 TP 82.94
GBP/USD
Trading range: 1.6275 - 1.6385
Trend: Upward
Buy at 1.6286 SL 1.6254 TP 1.6374
USD/CHF
Trading range: 0.8970 - 0.8865
Trend: Downward
Sell at 0.8959 SL 0.8991 TP 0.8875
Today's Economic Calendar:
Time GMT, Country, Indicator, Forecast, Prior
12:30 USA Jobless claims week to 09.04 387K 382K
12:30 USA PPI March 0.9% 1.6%
12:30 USA PPI March Y/Y - 5.6%
12:30 USA PPI excluding food and energy March 0.2% 0.2%
12:30 USA PPI excluding food and energy March Y/Y - 1.8%
20:30 USA M2 money supply 04.04, bln - -1.1
Trading range: 1.4430 - 1.4530
Trend: Upward
Buy at 1.4443 SL 1.4411 TP 1.4520
USD/JPY
Trading range: 83.80 - 82.85
Trend: Downward
Sell at 83.66 SL 83.98 TP 82.94
GBP/USD
Trading range: 1.6275 - 1.6385
Trend: Upward
Buy at 1.6286 SL 1.6254 TP 1.6374
USD/CHF
Trading range: 0.8970 - 0.8865
Trend: Downward
Sell at 0.8959 SL 0.8991 TP 0.8875
Today's Economic Calendar:
Time GMT, Country, Indicator, Forecast, Prior
12:30 USA Jobless claims week to 09.04 387K 382K
12:30 USA PPI March 0.9% 1.6%
12:30 USA PPI March Y/Y - 5.6%
12:30 USA PPI excluding food and energy March 0.2% 0.2%
12:30 USA PPI excluding food and energy March Y/Y - 1.8%
20:30 USA M2 money supply 04.04, bln - -1.1
Tuesday, April 05, 2011
Majors Daily Forecast 5 April 2011
EUR\/USD
Trading range: 1.4220 - 1.4115
Trend: Downward
Sell at 1.4206 SL 1.4238 TP 1.4129
USD/JPY
Trading range: 84.55 - 83.60
Trend: Downward
Sell at 84.41 SL 84.73 TP 83.69
GBP/USD
Trading range: 1.6080 - 1.6195
Trend: Upward
Buy at 1.6093 SL 1.6061 TP 1.6181
USD/CHF
Trading range: 0.9255 - 0.9150
Trend: Downward
Sell at 0.9244 SL 0.9276 TP 0.9160
Today's Economic Calendar:
Time GMT, Country, Indicator, Forecast, Prior
03:30 Australia RBA meeting announcement 4.75% 4.75%
07:45 Italy PMI services March - 53.1
07:50 France PMI services March 60.7 59.7
07:55 Germany PMI services March seasonally adjusted 60.1 58.6
08:00 EU17 PMI services March 56.9 56.8
08:30 UK CIPS services index March - 56.2
09:00 EU17 Retail sales February adjusted - 0.4%
09:00 EU17 Retail sales February adjusted Y/Y - 0.7%
12:55 USA Redbook 02.04
14:00 USA ISM Non-mfg composite index March 59.7 59.7
14:00 USA ISM Non-mfg business index March - 66.9
18:00 USA FOMC meeting minutes 15.03
Trading range: 1.4220 - 1.4115
Trend: Downward
Sell at 1.4206 SL 1.4238 TP 1.4129
USD/JPY
Trading range: 84.55 - 83.60
Trend: Downward
Sell at 84.41 SL 84.73 TP 83.69
GBP/USD
Trading range: 1.6080 - 1.6195
Trend: Upward
Buy at 1.6093 SL 1.6061 TP 1.6181
USD/CHF
Trading range: 0.9255 - 0.9150
Trend: Downward
Sell at 0.9244 SL 0.9276 TP 0.9160
Today's Economic Calendar:
Time GMT, Country, Indicator, Forecast, Prior
03:30 Australia RBA meeting announcement 4.75% 4.75%
07:45 Italy PMI services March - 53.1
07:50 France PMI services March 60.7 59.7
07:55 Germany PMI services March seasonally adjusted 60.1 58.6
08:00 EU17 PMI services March 56.9 56.8
08:30 UK CIPS services index March - 56.2
09:00 EU17 Retail sales February adjusted - 0.4%
09:00 EU17 Retail sales February adjusted Y/Y - 0.7%
12:55 USA Redbook 02.04
14:00 USA ISM Non-mfg composite index March 59.7 59.7
14:00 USA ISM Non-mfg business index March - 66.9
18:00 USA FOMC meeting minutes 15.03
Thursday, March 31, 2011
Majors Daily Forecast 31 March 2011
EUR\/USD
Trading range: 1.4115 - 1.4215
Trend: Upward
Buy at 1.4128 SL 1.4096 TP 1.4205
USD\/JPY
Trading range: 82.95 - 82.05
Trend: Downward
Sell at 82.83 SL 83.15 TP 82.11
GBP\/USD
Trading range: 1.6070 - 1.6185
Trend: Upward
Buy at 1.6084 SL 1.6052 TP 1.6172
USD\/CHF
Trading range: 0.9200 - 0.9095
Trend: Downward
Sell at 0.9186 SL 0.9218 TP 0.9102
Today's Economic Calendar:
Time GMT, Country, Indicator, Forecast, Prior
05:00 Japan Housing starts February Y/Y - 2.7%
05:00 Japan Construction orders February Y/Y - 3.1%
05:30 France GDP Q4 revised 0.3% 0.3%
05:30 France GDP Q4 revised Y/Y 1.5% 1.5%
06:00 UK Nationwide house price index March - 0.3%
06:00 UK Nationwide house price index March Y/Y - -0.1%
06:45 France PPI February - 0.9%
06:45 France PPI February Y/Y - 5.6%
07:55 Germany Unemployment March seasonally adjusted - -52K
07:55 Germany Unemployment March seasonally adjusted, mln - 3.069
07:55 Germany Unemployment rate March seasonally adjusted - 7.3%
07:55 Germany Unemployment March seasonally unadjusted, mln - 3.317
07:55 Germany Unemployment rate March seasonally unadjusted - 7.9%
08:00 Italy PPI February - 1.1%
08:00 Italy PPI February Y/Y - 5.1%
09:00 Italy CPI March preliminary - 0.3%
09:00 Italy CPI March preliminary Y/Y - 2.4%
09:00 Italy HICP March preliminary Y/Y - 2.1%
09:00 EU17 Harmonized CPI March Y/Y preliminary - 2.4%
12:30 USA Jobless claims week to 26.03 375K 382K
13:45 USA Chicago PMI March 68.5 71.2
14:00 USA Factory orders February 0.4% 3.1%
20:30 USA M2 money supply 21.03, bln - -25.2
23:50 Japan BoJ Tankan survey Q1 - 5
Trading range: 1.4115 - 1.4215
Trend: Upward
Buy at 1.4128 SL 1.4096 TP 1.4205
USD\/JPY
Trading range: 82.95 - 82.05
Trend: Downward
Sell at 82.83 SL 83.15 TP 82.11
GBP\/USD
Trading range: 1.6070 - 1.6185
Trend: Upward
Buy at 1.6084 SL 1.6052 TP 1.6172
USD\/CHF
Trading range: 0.9200 - 0.9095
Trend: Downward
Sell at 0.9186 SL 0.9218 TP 0.9102
Today's Economic Calendar:
Time GMT, Country, Indicator, Forecast, Prior
05:00 Japan Housing starts February Y/Y - 2.7%
05:00 Japan Construction orders February Y/Y - 3.1%
05:30 France GDP Q4 revised 0.3% 0.3%
05:30 France GDP Q4 revised Y/Y 1.5% 1.5%
06:00 UK Nationwide house price index March - 0.3%
06:00 UK Nationwide house price index March Y/Y - -0.1%
06:45 France PPI February - 0.9%
06:45 France PPI February Y/Y - 5.6%
07:55 Germany Unemployment March seasonally adjusted - -52K
07:55 Germany Unemployment March seasonally adjusted, mln - 3.069
07:55 Germany Unemployment rate March seasonally adjusted - 7.3%
07:55 Germany Unemployment March seasonally unadjusted, mln - 3.317
07:55 Germany Unemployment rate March seasonally unadjusted - 7.9%
08:00 Italy PPI February - 1.1%
08:00 Italy PPI February Y/Y - 5.1%
09:00 Italy CPI March preliminary - 0.3%
09:00 Italy CPI March preliminary Y/Y - 2.4%
09:00 Italy HICP March preliminary Y/Y - 2.1%
09:00 EU17 Harmonized CPI March Y/Y preliminary - 2.4%
12:30 USA Jobless claims week to 26.03 375K 382K
13:45 USA Chicago PMI March 68.5 71.2
14:00 USA Factory orders February 0.4% 3.1%
20:30 USA M2 money supply 21.03, bln - -25.2
23:50 Japan BoJ Tankan survey Q1 - 5
Tuesday, March 29, 2011
Majors Daily Forecast 29 March 2011
EUR\/USD
Trading range: 1.4070 - 1.4170
Trend: Upward
Buy at 1.4083 SL 1.4051 TP 1.4160
USD\/JPY
Trading range: 81.85 - 80.95
Trend: Downward
Sell at 81.74 SL 82.06 TP 81.02
GBP\/USD
Trading range: 1.5990 - 1.6100
Trend: Upward
Buy at 1.6002 SL 1.5970 TP 1.6090
USD\/CHF
Trading range: 0.9185 - 0.9080
Trend: Downward
Sell at 0.9171 SL 0.9203 TP 0.9087
Today's Economic Calendar:
Time GMT, Country, Indicator, Forecast, Prior
06:45 France Consumer spending February - -0.5%
06:45 France Consumer spending February Y/Y - 2.4%
08:30 UK M4 money supply February final - 0.8%
08:30 UK M4 money supply February final Y/Y - -1.7%
08:30 UK Consumer credit February, bln -0.2 -0.3
08:30 UK GDP Q4 final -0.6% -0.6%
08:30 UK GDP Q4 final Y/Y 1.5% 1.5%
08:30 UK Current account Q4, bln - -9.6
09:00 Italy Business confidence March - 103.0
12:00 Germany CPI February preliminary 0.5% 0.5%
12:00 Germany CPI March preliminary Y/Y 2.2% 2.1%
12:00 Germany HICP March preliminary Y/Y 2.1% 2.2%
12:55 USA Redbook 26.03
14:00 USA Consumer confidence March 67.0 70.4
23:50 Japan Industrial output February preliminary -0.2% 1.3%
23:50 Japan Industrial output February preliminary Y/Y 3.8% 3.5%
Trading range: 1.4070 - 1.4170
Trend: Upward
Buy at 1.4083 SL 1.4051 TP 1.4160
USD\/JPY
Trading range: 81.85 - 80.95
Trend: Downward
Sell at 81.74 SL 82.06 TP 81.02
GBP\/USD
Trading range: 1.5990 - 1.6100
Trend: Upward
Buy at 1.6002 SL 1.5970 TP 1.6090
USD\/CHF
Trading range: 0.9185 - 0.9080
Trend: Downward
Sell at 0.9171 SL 0.9203 TP 0.9087
Today's Economic Calendar:
Time GMT, Country, Indicator, Forecast, Prior
06:45 France Consumer spending February - -0.5%
06:45 France Consumer spending February Y/Y - 2.4%
08:30 UK M4 money supply February final - 0.8%
08:30 UK M4 money supply February final Y/Y - -1.7%
08:30 UK Consumer credit February, bln -0.2 -0.3
08:30 UK GDP Q4 final -0.6% -0.6%
08:30 UK GDP Q4 final Y/Y 1.5% 1.5%
08:30 UK Current account Q4, bln - -9.6
09:00 Italy Business confidence March - 103.0
12:00 Germany CPI February preliminary 0.5% 0.5%
12:00 Germany CPI March preliminary Y/Y 2.2% 2.1%
12:00 Germany HICP March preliminary Y/Y 2.1% 2.2%
12:55 USA Redbook 26.03
14:00 USA Consumer confidence March 67.0 70.4
23:50 Japan Industrial output February preliminary -0.2% 1.3%
23:50 Japan Industrial output February preliminary Y/Y 3.8% 3.5%
Thursday, March 24, 2011
Majors Daily Forecast 24 March 2011
EUR\/USD
Trading range: 1.4100 - 1.4000
Trend: Downward
Sell at 1.4090 SL 1.4122 TP 1.4013
USD\/JPY
Trading range: 81.15 - 80.25
Trend: Downward
Sell at 81.04 SL 81.36 TP 80.32
GBP\/USD
Trading range: 1.6255 - 1.6140
Trend: Downward
Sell at 1.6242 SL 1.6274 TP 1.6154
USD\/CHF
Trading range: 0.9080 - 0.9185
Trend: Upward
Buy at 0.9091 SL 0.9059 TP 0.9175
Today's Economic Calendar:
Time GMT, Country, Indicator, Forecast, Prior
07:45 France Business confidence March 106 106
07:58 France PMI March flash 59.5 55.7
07:58 France PMI services March flash 56.2 59.7
08:28 Germany PMI March flash 62.0 62.7
08:28 Germany PMI services March flash 58.4 58.6
08:58 EU17 PMI March flash 58.2 59.0
08:58 EU17 PMI services March flash 56.3 56.8
09:00 Italy Consumer confidence March - 106.4
09:30 UK Retail sales February -0.5% 1.9%
09:30 UK Retail sales February Y/Y 2.4% 5.3%
12:30 USA Jobless claims week to 19.03 373K 385K
12:30 USA Durable goods orders February 1.0% 3.2%
12:30 USA Durable goods orders excluding transportation February 2.0% -3.6%
12:30 USA Durable goods orders excluding defence February 0.8% 1.9%
20:30 USA M2 money supply 14.03, bln - +9.7
23:30 Japan Nationwide CPI February - -0.2%
23:30 Japan Nationwide CPI February Y/Y - 0.0%
23:30 Japan Nationwide CPI ex fresh food February Y/Y -0.3% -0.2%
23:30 Japan Tokyo-area CPI March - -0.1%
23:30 Japan Tokyo-area CPI March Y/Y - -0.1%
23:30 Japan Tokyo-area CPI ex fresh food March Y/Y -0.3% -0.4%
Trading range: 1.4100 - 1.4000
Trend: Downward
Sell at 1.4090 SL 1.4122 TP 1.4013
USD\/JPY
Trading range: 81.15 - 80.25
Trend: Downward
Sell at 81.04 SL 81.36 TP 80.32
GBP\/USD
Trading range: 1.6255 - 1.6140
Trend: Downward
Sell at 1.6242 SL 1.6274 TP 1.6154
USD\/CHF
Trading range: 0.9080 - 0.9185
Trend: Upward
Buy at 0.9091 SL 0.9059 TP 0.9175
Today's Economic Calendar:
Time GMT, Country, Indicator, Forecast, Prior
07:45 France Business confidence March 106 106
07:58 France PMI March flash 59.5 55.7
07:58 France PMI services March flash 56.2 59.7
08:28 Germany PMI March flash 62.0 62.7
08:28 Germany PMI services March flash 58.4 58.6
08:58 EU17 PMI March flash 58.2 59.0
08:58 EU17 PMI services March flash 56.3 56.8
09:00 Italy Consumer confidence March - 106.4
09:30 UK Retail sales February -0.5% 1.9%
09:30 UK Retail sales February Y/Y 2.4% 5.3%
12:30 USA Jobless claims week to 19.03 373K 385K
12:30 USA Durable goods orders February 1.0% 3.2%
12:30 USA Durable goods orders excluding transportation February 2.0% -3.6%
12:30 USA Durable goods orders excluding defence February 0.8% 1.9%
20:30 USA M2 money supply 14.03, bln - +9.7
23:30 Japan Nationwide CPI February - -0.2%
23:30 Japan Nationwide CPI February Y/Y - 0.0%
23:30 Japan Nationwide CPI ex fresh food February Y/Y -0.3% -0.2%
23:30 Japan Tokyo-area CPI March - -0.1%
23:30 Japan Tokyo-area CPI March Y/Y - -0.1%
23:30 Japan Tokyo-area CPI ex fresh food March Y/Y -0.3% -0.4%
Tuesday, March 22, 2011
Majors Daily Forecast 22 March 2011
EUR\/USD
Trading range: 1.4200 - 1.4305
Trend: Upward
Buy at 1.4214 SL 1.4182 TP 1.4291
USD\/JPY
Trading range: 81.10 - 80.15
Trend: Downward
Sell at 80.97 SL 81.29 TP 80.25
GBP\/USD
Trading range: 1.6280 - 1.6395
Trend: Upward
Buy at 1.6294 SL 1.6262 TP 1.6382
USD\/CHF
Trading range: 0.9055 - 0.8950
Trend: Downward
Sell at 0.9044 SL 0.9076 TP 0.8960
Today's Economic Calendar:
Time GMT, Country, Indicator, Forecast, Prior
04:30 Japan All industry index January 2.8% -0.2%
09:30 UK HICP February 0.6% 0.1%
09:30 UK HICP February Y/Y 4.2% 4.0%
09:30 UK HICP ex EFAT February Y/Y - 3.0%
09:30 UK Retail prices February - 0.3%
09:30 UK Retail prices February Y/Y - 5.1%
09:30 UK RPI-X February Y/Y - 5.1%
09:30 UK PSNCR February, bln - -14.4
09:30 UK PSNB February, bln - -5.3
11:00 UK CBI industrial order books balance March -6% -8%
11:00 UK CBI industrial output balance March - 23%
12:30 Canada Retail sales January 1.1% -0.2%
12:30 Canada Retail sales excluding auto January - 0.6%
12:55 USA Redbook 19.03
Trading range: 1.4200 - 1.4305
Trend: Upward
Buy at 1.4214 SL 1.4182 TP 1.4291
USD\/JPY
Trading range: 81.10 - 80.15
Trend: Downward
Sell at 80.97 SL 81.29 TP 80.25
GBP\/USD
Trading range: 1.6280 - 1.6395
Trend: Upward
Buy at 1.6294 SL 1.6262 TP 1.6382
USD\/CHF
Trading range: 0.9055 - 0.8950
Trend: Downward
Sell at 0.9044 SL 0.9076 TP 0.8960
Today's Economic Calendar:
Time GMT, Country, Indicator, Forecast, Prior
04:30 Japan All industry index January 2.8% -0.2%
09:30 UK HICP February 0.6% 0.1%
09:30 UK HICP February Y/Y 4.2% 4.0%
09:30 UK HICP ex EFAT February Y/Y - 3.0%
09:30 UK Retail prices February - 0.3%
09:30 UK Retail prices February Y/Y - 5.1%
09:30 UK RPI-X February Y/Y - 5.1%
09:30 UK PSNCR February, bln - -14.4
09:30 UK PSNB February, bln - -5.3
11:00 UK CBI industrial order books balance March -6% -8%
11:00 UK CBI industrial output balance March - 23%
12:30 Canada Retail sales January 1.1% -0.2%
12:30 Canada Retail sales excluding auto January - 0.6%
12:55 USA Redbook 19.03
Monday, March 21, 2011
Majors Daily Forecast 21 March 2011
EUR\/USD
Trading range: 1.4150 - 1.4250
Trend: Upward
Buy at 1.4160 SL 1.4128 TP 1.4237
USD\/JPY
Trading range: 81.10 - 80.20
Trend: Downward
Sell at 80.98 SL 81.30 TP 80.26
GBP\/USD
Trading range: 1.6195 - 1.6310
Trend: Upward
Buy at 1.6208 SL 1.6176 TP 1.6296
USD\/CHF
Trading range: 0.9065 - 0.8960
Trend: Downward
Sell at 0.9054 SL 0.9086 TP 0.8970
Today's Economic Calendar:
Time GMT, Country, Indicator, Forecast, Prior
Japan Spring Equinox Day
14:00 USA Existing home sales February, mln 5.12 5.36
Trading range: 1.4150 - 1.4250
Trend: Upward
Buy at 1.4160 SL 1.4128 TP 1.4237
USD\/JPY
Trading range: 81.10 - 80.20
Trend: Downward
Sell at 80.98 SL 81.30 TP 80.26
GBP\/USD
Trading range: 1.6195 - 1.6310
Trend: Upward
Buy at 1.6208 SL 1.6176 TP 1.6296
USD\/CHF
Trading range: 0.9065 - 0.8960
Trend: Downward
Sell at 0.9054 SL 0.9086 TP 0.8970
Today's Economic Calendar:
Time GMT, Country, Indicator, Forecast, Prior
Japan Spring Equinox Day
14:00 USA Existing home sales February, mln 5.12 5.36
Friday, March 18, 2011
Majors Daily Forecast 18 March 2011
EUR\/USD
Trading range: 1.4045 - 1.4145
Trend: Upward
Buy at 1.4057 SL 1.4025 TP 1.4134
USD\/JPY
Trading range: 82.05 - 81.10
Trend: Downward
Sell at 81.92 SL 82.24 TP 81.20
GBP\/USD
Trading range: 1.6130 - 1.6240
Trend: Upward
Buy at 1.6140 SL 1.6108 TP 1.6228
USD\/CHF
Trading range: 0.9085 - 0.8980
Trend: Downward
Sell at 0.9074 SL 0.9106 TP 0.8990
Today's Economic Calendar:
Time GMT, Country, Indicator, Forecast, Prior
05:00 Japan Leading indicators composite index January final 101.9 101.9
05:00 Japan Coincident indicators composite index January final 106.2 106.2
07:00 Germany PPI February - 1.2%
07:00 Germany PPI February Y/Y - 5.7%
09:00 EU16 Current account January unadjusted, bln - -0.1
09:00 EU16 Current account January adjusted, bln - -13.3
10:00 EU16 Trade balance January adjusted, bln - -2.3
10:00 EU16 Trade balance January unadjusted, bln - -0.5
12:00 Canada CPI February - 0.3%
12:00 Canada CPI February Y/Y - 2.3%
12:00 Canada CPI core February - 0.0%
12:00 Canada CPI core February Y/Y - 1.4%
Trading range: 1.4045 - 1.4145
Trend: Upward
Buy at 1.4057 SL 1.4025 TP 1.4134
USD\/JPY
Trading range: 82.05 - 81.10
Trend: Downward
Sell at 81.92 SL 82.24 TP 81.20
GBP\/USD
Trading range: 1.6130 - 1.6240
Trend: Upward
Buy at 1.6140 SL 1.6108 TP 1.6228
USD\/CHF
Trading range: 0.9085 - 0.8980
Trend: Downward
Sell at 0.9074 SL 0.9106 TP 0.8990
Today's Economic Calendar:
Time GMT, Country, Indicator, Forecast, Prior
05:00 Japan Leading indicators composite index January final 101.9 101.9
05:00 Japan Coincident indicators composite index January final 106.2 106.2
07:00 Germany PPI February - 1.2%
07:00 Germany PPI February Y/Y - 5.7%
09:00 EU16 Current account January unadjusted, bln - -0.1
09:00 EU16 Current account January adjusted, bln - -13.3
10:00 EU16 Trade balance January adjusted, bln - -2.3
10:00 EU16 Trade balance January unadjusted, bln - -0.5
12:00 Canada CPI February - 0.3%
12:00 Canada CPI February Y/Y - 2.3%
12:00 Canada CPI core February - 0.0%
12:00 Canada CPI core February Y/Y - 1.4%
Thursday, March 17, 2011
Majors Daily Forecast 17 March 2011
EUR\/USD
Trading range: 1.3950 - 1.3845
Trend: Downward
Sell at 1.3936 SL 1.3968 TP 1.3859
USD\/JPY
Trading range: 79.55 - 78.65
Trend: Downward
Sell at 79.43 SL 79.75 TP 78.71
GBP\/USD
Trading range: 1.6055 - 1.5945
Trend: Downward
Sell at 1.6045 SL 1.6077 TP 1.5957
USD\/CHF
Trading range: 0.9050 - 0.8945
Trend: Downward
Sell at 0.9039 SL 0.9071 TP 0.8955
Today's Economic Calendar:
Time GMT, Country, Indicator, Forecast, Prior
08:30 Swiss SNB press-conference - 0.00-0.75%
11:00 UK CBI industrial order books balance March - -8%
11:00 UK CBI industrial output balance March - 23%
13:30 USA Jobless claims week to 12.03 385K 397K
13:30 USA CPI February 0.4% 0.4%
13:30 USA CPI February Y/Y - 1.6%
13:30 USA CPI excluding food and energy February 0.1% 0.2%
13:30 USA CPI excluding food and energy February Y/Y - 1.0%
14:15 USA Industrial production February 0.6% -0.1%
14:15 USA Capacity utilisation February 76.5 76.1
15:00 USA Leading indicators February 0.9% 0.1%
15:00 USA Philadelphia Fed index March 27.0 35.9
21:30 USA M2 money supply 07.03, bln - +15.9
23:50 Japan BoJ meeting minutes 16-17.02
Wednesday, March 16, 2011
Majors Daily Forecast 16 March 2011
EUR\/USD
Trading range: 1.3950 - 1.4050
Trend: Upward
Buy at 1.3963 SL 1.3931 TP 1.4040
USD\/JPY
Trading range: 81.10 - 80.15
Trend: Downward
Sell at 80.97 SL 81.29 TP 80.25
GBP\/USD
Trading range: 1.6040 - 1.6150
Trend: Upward
Buy at 1.6052 SL 1.6020 TP 1.6140
USD\/CHF
Trading range: 0.9195 - 0.9090
Trend: Downward
Sell at 0.9182 SL 0.9214 TP 0.9098
Today's Economic Calendar:
Time GMT, Country, Indicator, Forecast, Prior
05:00 Japan BoJ monthly economic report March
09:00 Italy CPI February final 0.3% 0.3%
09:00 Italy CPI February final Y/Y 2.4% 2.4%
09:00 Italy HICP February final Y/Y 2.1% 2.1%
09:00 Italy Consumer confidence March - 106.4
09:30 UK Claimant count February - 2400
09:30 UK Claimant count rate February - 4.5%
09:30 UK Average earnings 3 months to January Y/Y - 1.8%
09:30 UK Average earnings ex bonuses 3 months to January Y/Y - 2.3%
09:30 UK ILO Jobless rate January - 7.9%
10:00 EU17 Harmonized CPI February final - -0.7%
10:00 EU17 Harmonized CPI February final Y/Y 2.4% 2.3%
10:00 EU17 Harmonized CPI ex EFAT February Y/Y - 1.1%
13:30 USA Housing starts February, mln 0.565 0.596
13:30 USA Building permits February, mln 0.570 0.563 0.562
13:30 USA PPI February 0.6% 0.8%
13:30 USA PPI February Y/Y - 3.6%
13:30 USA PPI excluding food and energy February 0.2% 0.5%
13:30 USA PPI excluding food and energy February Y/Y - 1.6%
13:30 USA Current account Q4, bln -110.0 -127.2
23:50 Japan Tertiary activity index January -0.6% -0.8%
Tuesday, March 15, 2011
Majors Daily Forecast 15 March 2011
EUR\/USD
Trading range: 1.3880 - 1.3980
Trend: Upward
Buy at 1.3893 SL 1.3861 TP 1.3970
USD\/JPY
Trading range: 82.00 - 81.05
Trend: Downward
Sell at 81.86 SL 82.18 TP 81.14
GBP\/USD
Trading range: 1.6035 - 1.6150
Trend: Upward
Buy at 1.6049 SL 1.6017 TP 1.6137
USD\/CHF
Trading range: 0.9260 - 0.9155
Trend: Downward
Sell at 0.9249 SL 0.9281 TP 0.9165
Today's Economic Calendar:
Time GMT, Country, Indicator, Forecast, Prior
00:01 UK Nationwide consumer confidence February - 47
06:30 France CPI February unadjusted - -0.2%
06:30 France CPI February unadjusted Y/Y - 1.8%
06:30 France HICP February Y/Y - 1.9%
10:00 Germany ZEW economic expectations index March - 15.7
13:30 USA NY Fed Empire State manufacturing index March 16.9 15.4
13:30 USA Import prices February 0.9% 1.5%
13:30 USA Export prices February - 1.2%
13:55 USA Redbook 12.03
14:00 USA TICS net flows January, bln - 48.2
14:00 USA TICS net long-term flows January, bln - 65.9
19:15 USA FOMC meeting announcement 0.00-0.25% 0.00-0.25%
Monday, March 14, 2011
Majors Daily Forecast 14 March 2011
EUR\/USD
Trading range: 1.3965 - 1.3865
Trend: Downward
Sell at 1.3952 SL 1.3984 TP 1.3875
USD\/JPY
Trading range: 82.35 - 81.40
Trend: Downward
Sell at 82.22 SL 82.54 TP 81.50
GBP\/USD
Trading range: 1.6090 - 1.5975
Trend: Downward
Sell at 1.6077 SL 1.6109 TP 1.5989
USD\/CHF
Trading range: 0.9260 - 0.9365
Trend: Upward
Buy at 0.9271 SL 0.9239 TP 0.9355
Today's Economic Calendar:
Time GMT, Country, Indicator, Forecast, Prior
04:30 Japan Industrial output January final 2.4% 2.4%
04:30 Japan Industrial output January final Y/Y 4.7% 4.7%
10:00 EU16 Industrial production January - -0.1%
10:00 EU16 Industrial production January Y/Y - 8.0%
Japan BoJ meeting announcement - 0.00-0.10%
Trading range: 1.3965 - 1.3865
Trend: Downward
Sell at 1.3952 SL 1.3984 TP 1.3875
USD\/JPY
Trading range: 82.35 - 81.40
Trend: Downward
Sell at 82.22 SL 82.54 TP 81.50
GBP\/USD
Trading range: 1.6090 - 1.5975
Trend: Downward
Sell at 1.6077 SL 1.6109 TP 1.5989
USD\/CHF
Trading range: 0.9260 - 0.9365
Trend: Upward
Buy at 0.9271 SL 0.9239 TP 0.9355
Today's Economic Calendar:
Time GMT, Country, Indicator, Forecast, Prior
04:30 Japan Industrial output January final 2.4% 2.4%
04:30 Japan Industrial output January final Y/Y 4.7% 4.7%
10:00 EU16 Industrial production January - -0.1%
10:00 EU16 Industrial production January Y/Y - 8.0%
Japan BoJ meeting announcement - 0.00-0.10%
EUR/USD Intra-day Signal
Forex signal: Buy on dips n exit on such bounce as 1.3986 shud cap upside. Only below 1.3870 may risk 1.3850/55.
INTRA-DAY EUR\/USD OUTLOOK
Last Update At 14 Mar 2011 06:10 GMT
Rate : 1.3933
Although euro's early retreat fm 1.3986 (NZ/AUS)
suggests Fri's rally fm 1.3752 has made a temp. top
n sideways trading is seen at European opening, nr
term outlook remains mildly bullish for another
rebound but abv 1.3986 needed to extend to 1.4000.
Buy on dips n exit on such bounce as 1.3986 shud
cap upside. Only below 1.3870 may risk 1.3850/55.
Range Forecast
1.3910 / 1.3945
Resistance/Support
R: 1.3954/1.3986/1.4000
S: 1.3916/1.3870/1.3855
INTRA-DAY EUR\/USD OUTLOOK
Last Update At 14 Mar 2011 06:10 GMT
Rate : 1.3933
Although euro's early retreat fm 1.3986 (NZ/AUS)
suggests Fri's rally fm 1.3752 has made a temp. top
n sideways trading is seen at European opening, nr
term outlook remains mildly bullish for another
rebound but abv 1.3986 needed to extend to 1.4000.
Buy on dips n exit on such bounce as 1.3986 shud
cap upside. Only below 1.3870 may risk 1.3850/55.
Range Forecast
1.3910 / 1.3945
Resistance/Support
R: 1.3954/1.3986/1.4000
S: 1.3916/1.3870/1.3855
Thursday, March 10, 2011
Majors Daily Forecast 10 March 2011
EUR\/USD
Trading range: 1.3890 - 1.3790
Trend: Downward
Sell at 1.3878 SL 1.3910 TP 1.3801
USD\/JPY
Trading range: 82.65 - 83.65
Trend: Upward
Buy at 82.79 SL 82.47 TP 83.51
GBP\/USD
Trading range: 1.6195 - 1.6085
Trend: Downward
Sell at 1.6185 SL 1.6217 TP 1.6097
USD\/CHF
Trading range: 0.9290 - 0.9400
Trend: Upward
Buy at 0.9302 SL 0.9270 TP 0.9386
Today's Economic Calendar:
Time GMT, Country, Indicator, Forecast, Prior
07:00 Germany Current account January unadjusted, bln - 17.6
07:00 Germany Trade balance January unadjusted, bln 12.2 11.9
07:45 France Industrial production January 0.3% 0.3%
07:45 France Industrial production January Y/Y 4.5% 5.8%
09:00 Italy Industrial production January adjusted - 0.3%
09:00 Italy Industrial production January Y/Y adjusted - 1.3%
09:30 UK Industrial production January 0.4% 0.5%
09:30 UK Industrial production January Y/Y 4.2% 3.6%
09:30 UK Manufacturing output January 0.7% -0.1%
09:30 UK Manufacturing output January Y/Y 6.3% 4.4%
12:00 UK BoE meeting announcement 0.50% 0.50%
13:30 USA Jobless claims week to 05.03 383K 368K
13:30 USA International trade January, bln -41.2 -40.6
13:30 USA Export January, bln - 163.0
13:30 USA Import January, bln - 203.6
19:00 USA Federal budget February, bln - -49.8
21:30 USA M2 money supply 28.02, bln - +10.6
Trading range: 1.3890 - 1.3790
Trend: Downward
Sell at 1.3878 SL 1.3910 TP 1.3801
USD\/JPY
Trading range: 82.65 - 83.65
Trend: Upward
Buy at 82.79 SL 82.47 TP 83.51
GBP\/USD
Trading range: 1.6195 - 1.6085
Trend: Downward
Sell at 1.6185 SL 1.6217 TP 1.6097
USD\/CHF
Trading range: 0.9290 - 0.9400
Trend: Upward
Buy at 0.9302 SL 0.9270 TP 0.9386
Today's Economic Calendar:
Time GMT, Country, Indicator, Forecast, Prior
07:00 Germany Current account January unadjusted, bln - 17.6
07:00 Germany Trade balance January unadjusted, bln 12.2 11.9
07:45 France Industrial production January 0.3% 0.3%
07:45 France Industrial production January Y/Y 4.5% 5.8%
09:00 Italy Industrial production January adjusted - 0.3%
09:00 Italy Industrial production January Y/Y adjusted - 1.3%
09:30 UK Industrial production January 0.4% 0.5%
09:30 UK Industrial production January Y/Y 4.2% 3.6%
09:30 UK Manufacturing output January 0.7% -0.1%
09:30 UK Manufacturing output January Y/Y 6.3% 4.4%
12:00 UK BoE meeting announcement 0.50% 0.50%
13:30 USA Jobless claims week to 05.03 383K 368K
13:30 USA International trade January, bln -41.2 -40.6
13:30 USA Export January, bln - 163.0
13:30 USA Import January, bln - 203.6
19:00 USA Federal budget February, bln - -49.8
21:30 USA M2 money supply 28.02, bln - +10.6
Wednesday, March 09, 2011
Majors Daily Forecast 9 March 2011
EUR\/USD
Trading range: 1.3920 - 1.3820
Trend: Downward
Sell at 1.3907 SL 1.3939 TP 1.3830
USD\/JPY
Trading range: 82.65 - 83.60
Trend: Upward
Buy at 82.75 SL 82.43 TP 83.47
GBP\/USD
Trading range: 1.6205 - 1.6095
Trend: Downward
Sell at 1.6193 SL 1.6225 TP 1.6105
USD\/CHF
Trading range: 0.9335 - 0.9440
Trend: Upward
Buy at 0.9345 SL 0.9313 TP 0.9429
Today's Economic Calendar:
Time GMT, Country, Indicator, Forecast, Prior
09:30 UK Trade in goods January, bln -8.6 -9.2
09:30 UK Non-EU trade January, bln -5.1 -5.8
11:00 Germany Industrial production January seasonally adjusted 1.7% -1.5%
11:00 Germany Industrial production January not seasonally adj, workday adj Y/Y 11.6% 10.0%
15:00 USA Wholesale inventories January 1.0% 1.0%
20:00 New Zealand RBNZ meeting announcement 3.00% 3.00%
23:50 Japan Real GDP Q4 revised -0.3% -0.3%
23:50 Japan Real GDP Q4 revised Y/Y -1.2% -1.1%
23:50 Japan Corporate goods price index February domestic - 0.5%
23:50 Japan Corporate goods price index February domestic Y/Y 1.9% 1.6%
Trading range: 1.3920 - 1.3820
Trend: Downward
Sell at 1.3907 SL 1.3939 TP 1.3830
USD\/JPY
Trading range: 82.65 - 83.60
Trend: Upward
Buy at 82.75 SL 82.43 TP 83.47
GBP\/USD
Trading range: 1.6205 - 1.6095
Trend: Downward
Sell at 1.6193 SL 1.6225 TP 1.6105
USD\/CHF
Trading range: 0.9335 - 0.9440
Trend: Upward
Buy at 0.9345 SL 0.9313 TP 0.9429
Today's Economic Calendar:
Time GMT, Country, Indicator, Forecast, Prior
09:30 UK Trade in goods January, bln -8.6 -9.2
09:30 UK Non-EU trade January, bln -5.1 -5.8
11:00 Germany Industrial production January seasonally adjusted 1.7% -1.5%
11:00 Germany Industrial production January not seasonally adj, workday adj Y/Y 11.6% 10.0%
15:00 USA Wholesale inventories January 1.0% 1.0%
20:00 New Zealand RBNZ meeting announcement 3.00% 3.00%
23:50 Japan Real GDP Q4 revised -0.3% -0.3%
23:50 Japan Real GDP Q4 revised Y/Y -1.2% -1.1%
23:50 Japan Corporate goods price index February domestic - 0.5%
23:50 Japan Corporate goods price index February domestic Y/Y 1.9% 1.6%
Tuesday, March 08, 2011
Majors Daily Forecast 8 March 2011
EUR\/USD
Trading range: 1.4000 - 1.3900
Trend: Downward
Sell at 1.3988 SL 1.4020 TP 1.3911
USD\/JPY
Trading range: 82.10 - 83.05
Trend: Upward
Buy at 82.21 SL 81.89 TP 82.93
GBP\/USD
Trading range: 1.6220 - 1.6110
Trend: Downward
Sell at 1.6208 SL 1.6240 TP 1.6120
USD\/CHF
Trading range: 0.9255 - 0.9360
Trend: Upward
Buy at 0.9265 SL 0.9233 TP 0.9349
Today's Economic Calendar:
Time GMT, Country, Indicator, Forecast, Prior
11:00 Germany Manufacturing orders January seasonally adjusted 2.3% -3.4%
11:00 Germany Manufacturing orders January not seasonally adj, workday adj Y/Y 15.6% 19.7%
13:55 USA Redbook 05.03
23:50 Japan Machinery orders core January adjusted 3.0% 1.7%
23:50 Japan Machinery orders core January unadjusted Y/Y 5.1% -1.6%
Trading range: 1.4000 - 1.3900
Trend: Downward
Sell at 1.3988 SL 1.4020 TP 1.3911
USD\/JPY
Trading range: 82.10 - 83.05
Trend: Upward
Buy at 82.21 SL 81.89 TP 82.93
GBP\/USD
Trading range: 1.6220 - 1.6110
Trend: Downward
Sell at 1.6208 SL 1.6240 TP 1.6120
USD\/CHF
Trading range: 0.9255 - 0.9360
Trend: Upward
Buy at 0.9265 SL 0.9233 TP 0.9349
Today's Economic Calendar:
Time GMT, Country, Indicator, Forecast, Prior
11:00 Germany Manufacturing orders January seasonally adjusted 2.3% -3.4%
11:00 Germany Manufacturing orders January not seasonally adj, workday adj Y/Y 15.6% 19.7%
13:55 USA Redbook 05.03
23:50 Japan Machinery orders core January adjusted 3.0% 1.7%
23:50 Japan Machinery orders core January unadjusted Y/Y 5.1% -1.6%
Monday, March 07, 2011
Majors Daily Forecast 7 March 2011
EUR\/USD
Trading range: 1.3960 - 1.4060
Trend: Upward
Buy at 1.3970 SL 1.3938 TP 1.4047
USD\/JPY
Trading range: 82.40 - 81.50
Trend: Downward
Sell at 82.30 SL 82.62 TP 81.58
GBP\/USD
Trading range: 1.6230 - 1.6340
Trend: Upward
Buy at 1.6240 SL 1.6208 TP 1.6328
USD\/CHF
Trading range: 0.9270 - 0.9165
Trend: Downward
Sell at 0.9258 SL 0.9290 TP 0.9174
Today's Economic Calendar:
Time GMT, Country, Indicator, Forecast, Prior
05:00 Japan Leading indicators composite index January preliminary 101.9 102.3 101.0 101.4
05:00 Japan Coincident indicators composite index January preliminary 106.2 - 103.7 103.5
20:00 USA Consumer credit January, bln 3.3 6.1
23:50 Japan Current account January unadjusted, trln 0.470 1.195
23:50 Japan Trade balance January unadjusted, trln - 0.769
23:50 Japan M2+CDs money supply February Y/Y 2.3% 2.3%
Trading range: 1.3960 - 1.4060
Trend: Upward
Buy at 1.3970 SL 1.3938 TP 1.4047
USD\/JPY
Trading range: 82.40 - 81.50
Trend: Downward
Sell at 82.30 SL 82.62 TP 81.58
GBP\/USD
Trading range: 1.6230 - 1.6340
Trend: Upward
Buy at 1.6240 SL 1.6208 TP 1.6328
USD\/CHF
Trading range: 0.9270 - 0.9165
Trend: Downward
Sell at 0.9258 SL 0.9290 TP 0.9174
Today's Economic Calendar:
Time GMT, Country, Indicator, Forecast, Prior
05:00 Japan Leading indicators composite index January preliminary 101.9 102.3 101.0 101.4
05:00 Japan Coincident indicators composite index January preliminary 106.2 - 103.7 103.5
20:00 USA Consumer credit January, bln 3.3 6.1
23:50 Japan Current account January unadjusted, trln 0.470 1.195
23:50 Japan Trade balance January unadjusted, trln - 0.769
23:50 Japan M2+CDs money supply February Y/Y 2.3% 2.3%
Friday, March 04, 2011
Majors Daily Forecast 4 March 2011
EUR\/USD
Trading range: 1.3940 - 1.4040
Trend: Upward
Buy at 1.3952 SL 1.3920 TP 1.4029
USD\/JPY
Trading range: 82.20 - 83.15
Trend: Upward
Buy at 82.31 SL 81.99 TP 83.03
GBP\/USD
Trading range: 1.6260 - 1.6370
Trend: Upward
Buy at 1.6270 SL 1.6238 TP 1.6358
USD\/CHF
Trading range: 0.9335 - 0.9235
Trend: Downward
Sell at 0.9325 SL 0.9357 TP 0.9241
Today's Economic Calendar:
Time GMT, Country, Indicator, Forecast, Prior
08:00 UK Halifax house price index February - 0.8%
08:00 UK Halifax house price index February 3m Y/Y - -2.4%
13:30 USA Nonfarm payrolls February +190K +36K
13:30 USA Unemployment rate February 9.1% 9.0%
13:30 USA Average hourly earnings February 0.2% 0.4%
13:30 USA Average workweek February - 34.2
15:00 USA Factory orders January 2.5% 0.2%
Trading range: 1.3940 - 1.4040
Trend: Upward
Buy at 1.3952 SL 1.3920 TP 1.4029
USD\/JPY
Trading range: 82.20 - 83.15
Trend: Upward
Buy at 82.31 SL 81.99 TP 83.03
GBP\/USD
Trading range: 1.6260 - 1.6370
Trend: Upward
Buy at 1.6270 SL 1.6238 TP 1.6358
USD\/CHF
Trading range: 0.9335 - 0.9235
Trend: Downward
Sell at 0.9325 SL 0.9357 TP 0.9241
Today's Economic Calendar:
Time GMT, Country, Indicator, Forecast, Prior
08:00 UK Halifax house price index February - 0.8%
08:00 UK Halifax house price index February 3m Y/Y - -2.4%
13:30 USA Nonfarm payrolls February +190K +36K
13:30 USA Unemployment rate February 9.1% 9.0%
13:30 USA Average hourly earnings February 0.2% 0.4%
13:30 USA Average workweek February - 34.2
15:00 USA Factory orders January 2.5% 0.2%
Thursday, March 03, 2011
Majors Daily Forecast 3 March 2011
EUR\/USD
Trading range: 1.3840 - 1.3940
Trend: Upward
Buy at 1.3852 SL 1.3820 TP 1.3929
USD\/JPY
Trading range: 82.05 - 81.10
Trend: Downward
Sell at 81.92 SL 82.24 TP 81.20
GBP\/USD
Trading range: 1.6295 - 1.6405
Trend: Upward
Buy at 1.6306 SL 1.6274 TP 1.6394
USD\/CHF
Trading range: 0.9275 - 0.9170
Trend: Downward
Sell at 0.9263 SL 0.9295 TP 0.9179
Today's Economic Calendar:
Time GMT, Country, Indicator, Forecast, Prior
07:00 Germany Retail sales January real adjusted - -0.3%
07:00 Germany Retail sales January real unadjusted Y/Y - -1.3%
08:45 Italy PMI services February - 49.9
08:50 France PMI services February 60.8 57.8
08:55 Germany PMI services February seasonally adjusted 59.5 60.3
09:00 EU17 PMI services February 57.2 55.9
09:30 UK CIPS services index February - 54.5
10:00 Italy PPI January - 0.6%
10:00 Italy PPI January Y/Y - 4.6%
10:00 EU17 Retail sales January adjusted - -0.6%
10:00 EU17 Retail sales January adjusted Y/Y - -0.9%
10:00 EU16 GDP Q4 revised 0.3% 0.3%
10:00 EU16 GDP Q4 revised Y/Y 2.0% 2.0%
12:45 EU17 ECB meeting announcement 1.00% 1.00%
13:30 EU17 ECB press conference
13:30 USA Jobless claims week to 26.02 400K 391K
13:30 USA Productivity Q4 revised 2.3% 2.6%
13:30 USA Unit labour cost Q4 revised -0.4% -0.6%
15:00 USA ISM Non-mfg composite index February 59.5 59.4
15:00 USA ISM Non-mfg business index February - 64.6
21:30 USA M2 money supply 21.02, bln - +8.4
Trading range: 1.3840 - 1.3940
Trend: Upward
Buy at 1.3852 SL 1.3820 TP 1.3929
USD\/JPY
Trading range: 82.05 - 81.10
Trend: Downward
Sell at 81.92 SL 82.24 TP 81.20
GBP\/USD
Trading range: 1.6295 - 1.6405
Trend: Upward
Buy at 1.6306 SL 1.6274 TP 1.6394
USD\/CHF
Trading range: 0.9275 - 0.9170
Trend: Downward
Sell at 0.9263 SL 0.9295 TP 0.9179
Today's Economic Calendar:
Time GMT, Country, Indicator, Forecast, Prior
07:00 Germany Retail sales January real adjusted - -0.3%
07:00 Germany Retail sales January real unadjusted Y/Y - -1.3%
08:45 Italy PMI services February - 49.9
08:50 France PMI services February 60.8 57.8
08:55 Germany PMI services February seasonally adjusted 59.5 60.3
09:00 EU17 PMI services February 57.2 55.9
09:30 UK CIPS services index February - 54.5
10:00 Italy PPI January - 0.6%
10:00 Italy PPI January Y/Y - 4.6%
10:00 EU17 Retail sales January adjusted - -0.6%
10:00 EU17 Retail sales January adjusted Y/Y - -0.9%
10:00 EU16 GDP Q4 revised 0.3% 0.3%
10:00 EU16 GDP Q4 revised Y/Y 2.0% 2.0%
12:45 EU17 ECB meeting announcement 1.00% 1.00%
13:30 EU17 ECB press conference
13:30 USA Jobless claims week to 26.02 400K 391K
13:30 USA Productivity Q4 revised 2.3% 2.6%
13:30 USA Unit labour cost Q4 revised -0.4% -0.6%
15:00 USA ISM Non-mfg composite index February 59.5 59.4
15:00 USA ISM Non-mfg business index February - 64.6
21:30 USA M2 money supply 21.02, bln - +8.4
Tuesday, March 01, 2011
Majors Daily Forecast 1 March 2011
EUR\/USD
Trading range: 1.3775 - 1.3875
Trend: Upward
Buy at 1.3786 SL 1.3754 TP 1.3863
USD\/JPY
Trading range: 83.00 - 83.95
Trend: Upward
Buy at 83.12 SL 82.80 TP 83.84
GBP\/USD
Trading range: 1.6240 - 1.6355
Trend: Upward
Buy at 1.6253 SL 1.6221 TP 1.6341
USD\/CHF
Trading range: 0.9335 - 0.9230
Trend: Downward
Sell at 0.9321 SL 0.9353 TP 0.9237
Today's Economic Calendar:
Time GMT, Country, Indicator, Forecast, Prior
04:30 Australia RBA meeting announcement 4.75% 4.75%
07:00 UK Nationwide house price index February - -0.1%
07:00 UK Nationwide house price index February Y/Y - -1.1%
08:45 Italy PMI February - 56.6
08:50 France PMI February 55.3 54.9
08:55 Germany PMI February seasonally adjusted 62.6 60.5
08:55 Germany Unemployment February seasonally adjusted - -13K
08:55 Germany Unemployment February seasonally adjusted, mln - 3.135
08:55 Germany Unemployment rate February seasonally adjusted - 7.4%
08:55 Germany Unemployment February seasonally unadjusted, mln - 3.347
08:55 Germany Unemployment rate February seasonally unadjusted - 7.9%
09:00 EU17 PMI February 59.0 57.3
09:30 UK CIPS manufacturing index February - 62.0
09:30 UK M4 money supply January final - -1.3%
09:30 UK M4 money supply January final Y/Y - -1.5%
09:30 UK Consumer credit January, bln - 0.2
10:00 Italy CPI February preliminary - 0.4%
10:00 Italy CPI February preliminary Y/Y - 2.1%
10:00 Italy HICP February preliminary Y/Y - 1.9%
10:00 EU17 Harmonized CPI February Y/Y preliminary - 2.4%
10:00 EU17 Unemployment January - 10.0%
14:00 Canada BOC meeting announcement 1.00% 1.00%
11:00 Italy GDP Q4 revised 0.1% 0.1%
11:00 Italy GDP Q4 revised Y/Y 1.3% 1.3%
13:55 USA Redbook 26.02
15:00 USA ISM Mfg PMI February 60.9 60.8
15:00 USA Construction spending February -0.7% -2.5%
Trading range: 1.3775 - 1.3875
Trend: Upward
Buy at 1.3786 SL 1.3754 TP 1.3863
USD\/JPY
Trading range: 83.00 - 83.95
Trend: Upward
Buy at 83.12 SL 82.80 TP 83.84
GBP\/USD
Trading range: 1.6240 - 1.6355
Trend: Upward
Buy at 1.6253 SL 1.6221 TP 1.6341
USD\/CHF
Trading range: 0.9335 - 0.9230
Trend: Downward
Sell at 0.9321 SL 0.9353 TP 0.9237
Today's Economic Calendar:
Time GMT, Country, Indicator, Forecast, Prior
04:30 Australia RBA meeting announcement 4.75% 4.75%
07:00 UK Nationwide house price index February - -0.1%
07:00 UK Nationwide house price index February Y/Y - -1.1%
08:45 Italy PMI February - 56.6
08:50 France PMI February 55.3 54.9
08:55 Germany PMI February seasonally adjusted 62.6 60.5
08:55 Germany Unemployment February seasonally adjusted - -13K
08:55 Germany Unemployment February seasonally adjusted, mln - 3.135
08:55 Germany Unemployment rate February seasonally adjusted - 7.4%
08:55 Germany Unemployment February seasonally unadjusted, mln - 3.347
08:55 Germany Unemployment rate February seasonally unadjusted - 7.9%
09:00 EU17 PMI February 59.0 57.3
09:30 UK CIPS manufacturing index February - 62.0
09:30 UK M4 money supply January final - -1.3%
09:30 UK M4 money supply January final Y/Y - -1.5%
09:30 UK Consumer credit January, bln - 0.2
10:00 Italy CPI February preliminary - 0.4%
10:00 Italy CPI February preliminary Y/Y - 2.1%
10:00 Italy HICP February preliminary Y/Y - 1.9%
10:00 EU17 Harmonized CPI February Y/Y preliminary - 2.4%
10:00 EU17 Unemployment January - 10.0%
14:00 Canada BOC meeting announcement 1.00% 1.00%
11:00 Italy GDP Q4 revised 0.1% 0.1%
11:00 Italy GDP Q4 revised Y/Y 1.3% 1.3%
13:55 USA Redbook 26.02
15:00 USA ISM Mfg PMI February 60.9 60.8
15:00 USA Construction spending February -0.7% -2.5%
Monday, February 28, 2011
Majors Daily Forecast 28 February 2011
EUR\/USD
Trading range: 1.3740 - 1.3840
Trend: Upward
Buy at 1.3752 SL 1.3720 TP 1.3829
USD\/JPY
Trading range: 81.85 - 80.90
Trend: Downward
Sell at 81.71 SL 82.03 TP 80.99
GBP\/USD
Trading range: 1.6085 - 1.6195
Trend: Upward
Buy at 1.6097 SL 1.6065 TP 1.6185
USD\/CHF
Trading range: 0.9285 - 0.9180
Trend: Downward
Sell at 0.9273 SL 0.9305 TP 0.9189
Today's Economic Calendar:
Time GMT, Country, Indicator, Forecast, Prior
05:00 Japan Housing starts January Y/Y - 7.5%
05:00 Japan Construction orders January Y/Y - 13.1%
07:00 Germany Import prices January - 2.3%
07:00 Germany Import prices January Y/Y - 12.0%
07:00 Germany Import prices excluding oil January Y/Y - 8.1%
07:45 France PPI January - 1.0%
07:45 France PPI January Y/Y - 5.4%
10:00 EU17 Harmonized CPI January final - 0.6%
10:00 EU17 Harmonized CPI January final Y/Y 2.4% 2.2%
10:00 EU17 Harmonized CPI ex EFAT January Y/Y - 1.1%
13:30 USA Personal income January 0.3% 0.4%
13:30 USA Personal spending January 0.3% 0.7%
13:30 USA PCE price index ex food, energy January 0.1% 0.0%
13:30 USA PCE price index ex food, energy January Y/Y - 0.7%
14:45 USA Chicago PMI February 67.0 68.8
23:30 Japan Unemployment January - 4.9%
23:30 Japan Household spending January real Y/Y - -3.3%
Trading range: 1.3740 - 1.3840
Trend: Upward
Buy at 1.3752 SL 1.3720 TP 1.3829
USD\/JPY
Trading range: 81.85 - 80.90
Trend: Downward
Sell at 81.71 SL 82.03 TP 80.99
GBP\/USD
Trading range: 1.6085 - 1.6195
Trend: Upward
Buy at 1.6097 SL 1.6065 TP 1.6185
USD\/CHF
Trading range: 0.9285 - 0.9180
Trend: Downward
Sell at 0.9273 SL 0.9305 TP 0.9189
Today's Economic Calendar:
Time GMT, Country, Indicator, Forecast, Prior
05:00 Japan Housing starts January Y/Y - 7.5%
05:00 Japan Construction orders January Y/Y - 13.1%
07:00 Germany Import prices January - 2.3%
07:00 Germany Import prices January Y/Y - 12.0%
07:00 Germany Import prices excluding oil January Y/Y - 8.1%
07:45 France PPI January - 1.0%
07:45 France PPI January Y/Y - 5.4%
10:00 EU17 Harmonized CPI January final - 0.6%
10:00 EU17 Harmonized CPI January final Y/Y 2.4% 2.2%
10:00 EU17 Harmonized CPI ex EFAT January Y/Y - 1.1%
13:30 USA Personal income January 0.3% 0.4%
13:30 USA Personal spending January 0.3% 0.7%
13:30 USA PCE price index ex food, energy January 0.1% 0.0%
13:30 USA PCE price index ex food, energy January Y/Y - 0.7%
14:45 USA Chicago PMI February 67.0 68.8
23:30 Japan Unemployment January - 4.9%
23:30 Japan Household spending January real Y/Y - -3.3%
Friday, February 25, 2011
Majors Daily Forecast 25 February 2011
EUR\/USD
Trading range: 1.3800 - 1.3900
Trend: Upward
Buy at 1.3812 SL 1.3780 TP 1.3889
USD\/JPY
Trading range: 82.10 - 81.20
Trend: Downward
Sell at 82.00 SL 82.32 TP 81.28
GBP\/USD
Trading range: 1.6130 - 1.6240
Trend: Upward
Buy at 1.6142 SL 1.6110 TP 1.6230
USD\/CHF
Trading range: 0.9275 - 0.9170
Trend: Downward
Sell at 0.9261 SL 0.9293 TP 0.9177
Today's Economic Calendar:
Time GMT, Country, Indicator, Forecast, Prior
00:01 UK Gfk consumer confidence February - -29
07:00 UK Nationwide house price index February - -0.1%
07:00 UK Nationwide house price index February Y/Y - -1.1%
07:45 France Consumer spending January -0.4% 0.6%
07:45 France Consumer spending January Y/Y - 0.4%
09:00 EU17 M3 money supply January adjusted Y/Y 1.9% 1.7%
09:00 EU17 M3 money supply 3 months to January adjusted Y/Y - 1.6%
09:30 UK GDP Q4 revised Y/Y -0.4% -0.5%
09:30 UK GDP Q4 revised Y/Y 1.8% 1.7%
13:00 Germany CPI February preliminary 0.4% -0.4%
13:00 Germany CPI February preliminary Y/Y - 2.0%
13:00 Germany HICP February preliminary Y/Y - 2.0%
13:30 USA GDP Q4 revised Y/Y 3.3% 3.2%
13:30 USA PCE price index Q4 revised - 1.8%
13:30 USA PCE price index ex food, energy Q4 revised - 0.4%
14:55 USA Michigan sentiment index February final 75.2 75.1
Trading range: 1.3800 - 1.3900
Trend: Upward
Buy at 1.3812 SL 1.3780 TP 1.3889
USD\/JPY
Trading range: 82.10 - 81.20
Trend: Downward
Sell at 82.00 SL 82.32 TP 81.28
GBP\/USD
Trading range: 1.6130 - 1.6240
Trend: Upward
Buy at 1.6142 SL 1.6110 TP 1.6230
USD\/CHF
Trading range: 0.9275 - 0.9170
Trend: Downward
Sell at 0.9261 SL 0.9293 TP 0.9177
Today's Economic Calendar:
Time GMT, Country, Indicator, Forecast, Prior
00:01 UK Gfk consumer confidence February - -29
07:00 UK Nationwide house price index February - -0.1%
07:00 UK Nationwide house price index February Y/Y - -1.1%
07:45 France Consumer spending January -0.4% 0.6%
07:45 France Consumer spending January Y/Y - 0.4%
09:00 EU17 M3 money supply January adjusted Y/Y 1.9% 1.7%
09:00 EU17 M3 money supply 3 months to January adjusted Y/Y - 1.6%
09:30 UK GDP Q4 revised Y/Y -0.4% -0.5%
09:30 UK GDP Q4 revised Y/Y 1.8% 1.7%
13:00 Germany CPI February preliminary 0.4% -0.4%
13:00 Germany CPI February preliminary Y/Y - 2.0%
13:00 Germany HICP February preliminary Y/Y - 2.0%
13:30 USA GDP Q4 revised Y/Y 3.3% 3.2%
13:30 USA PCE price index Q4 revised - 1.8%
13:30 USA PCE price index ex food, energy Q4 revised - 0.4%
14:55 USA Michigan sentiment index February final 75.2 75.1
Thursday, February 24, 2011
Majors Daily Forecast 24 February 2011
EUR\/USD
Trading range: 1.3795 - 1.3695
Trend: Downward
Sell at 1.3782 SL 1.3814 TP 1.3705
USD\/JPY
Trading range: 82.30 - 81.35
Trend: Downward
Sell at 82.17 SL 82.49 TP 81.45
GBP\/USD
Trading range: 1.6255 - 1.6140
Trend: Downward
Sell at 1.6242 SL 1.6274 TP 1.6154
USD\/CHF
Trading range: 0.9265 - 0.9370
Trend: Upward
Buy at 0.9275 SL 0.9243 TP 0.9359
Today's Economic Calendar:
Time GMT, Country, Indicator, Forecast, Prior
07:00 Germany GDP Q4 preliminary 0.4% 0.7%
07:00 Germany GDP Q4 preliminary Y/Y 4.0% 3.9%
09:00 Italy Retail sales December adjusted - -0.3%
09:00 Italy Retail sales December Y/Y unadjusted - 1.0%
10:00 Italy Consumer confidence February - 105.9
10:00 Italy Business confidence February 103.8 103.6
10:00 EU17 Economic sentiment index February 106.7 106.5
10:00 EU17 Business climate indicator February - 1.58
11:00 UK CBI retail sales volume balance February 31% 37%
13:30 USA Jobless claims week to 19.02 409K 410K
13:30 USA Durable goods orders January 3.2% -2.3%
13:30 USA Durable goods orders excluding transportation January 0.4% 0.5%
13:30 USA Durable goods orders excluding defence January - -2.5%
15:00 USA New home sales January 315K 329K
21:30 USA M2 money supply 14.02, bln - +5.6
23:30 Japan Nationwide CPI January - -0.3%
23:30 Japan Nationwide CPI January Y/Y - 0.0%
23:30 Japan Nationwide CPI ex fresh food January Y/Y -0.3% -0.4%
23:30 Japan Tokyo-area CPI February - -0.5%
23:30 Japan Tokyo-area CPI February Y/Y - -0.1%
23:30 Japan Tokyo-area CPI ex fresh food February Y/Y -0.3% -0.2%
Trading range: 1.3795 - 1.3695
Trend: Downward
Sell at 1.3782 SL 1.3814 TP 1.3705
USD\/JPY
Trading range: 82.30 - 81.35
Trend: Downward
Sell at 82.17 SL 82.49 TP 81.45
GBP\/USD
Trading range: 1.6255 - 1.6140
Trend: Downward
Sell at 1.6242 SL 1.6274 TP 1.6154
USD\/CHF
Trading range: 0.9265 - 0.9370
Trend: Upward
Buy at 0.9275 SL 0.9243 TP 0.9359
Today's Economic Calendar:
Time GMT, Country, Indicator, Forecast, Prior
07:00 Germany GDP Q4 preliminary 0.4% 0.7%
07:00 Germany GDP Q4 preliminary Y/Y 4.0% 3.9%
09:00 Italy Retail sales December adjusted - -0.3%
09:00 Italy Retail sales December Y/Y unadjusted - 1.0%
10:00 Italy Consumer confidence February - 105.9
10:00 Italy Business confidence February 103.8 103.6
10:00 EU17 Economic sentiment index February 106.7 106.5
10:00 EU17 Business climate indicator February - 1.58
11:00 UK CBI retail sales volume balance February 31% 37%
13:30 USA Jobless claims week to 19.02 409K 410K
13:30 USA Durable goods orders January 3.2% -2.3%
13:30 USA Durable goods orders excluding transportation January 0.4% 0.5%
13:30 USA Durable goods orders excluding defence January - -2.5%
15:00 USA New home sales January 315K 329K
21:30 USA M2 money supply 14.02, bln - +5.6
23:30 Japan Nationwide CPI January - -0.3%
23:30 Japan Nationwide CPI January Y/Y - 0.0%
23:30 Japan Nationwide CPI ex fresh food January Y/Y -0.3% -0.4%
23:30 Japan Tokyo-area CPI February - -0.5%
23:30 Japan Tokyo-area CPI February Y/Y - -0.1%
23:30 Japan Tokyo-area CPI ex fresh food February Y/Y -0.3% -0.2%
Wednesday, February 23, 2011
Majors Daily Forecast 23 February 2011
EUR\/USD
Trading range: 1.3675 - 1.3775
Trend: Upward
Buy at 1.3687 SL 1.3655 TP 1.3764
USD\/JPY
Trading range: 82.80 - 81.85
Trend: Downward
Sell at 82.66 SL 82.98 TP 81.94
GBP\/USD
Trading range: 1.6155 - 1.6270
Trend: Upward
Buy at 1.6169 SL 1.6137 TP 1.6257
USD\/CHF
Trading range: 0.9390 - 0.9285
Trend: Downward
Sell at 0.9376 SL 0.9408 TP 0.9292
Today's Economic Calendar:
Time GMT, Country, Indicator, Forecast, Prior
06:30 France CPI January unadjusted 0.1% 0.5%
06:30 France CPI January unadjusted Y/Y 2.0% 1.8%
06:30 France HICP January Y/Y 2.1% 2.0%
09:30 UK BoE meeting minutes 10.02
10:00 Italy CPI January final 0.4% 0.4%
10:00 Italy CPI January final Y/Y 2.1% 1.9%
10:00 Italy HICP January final Y/Y 2.4% 2.1%
10:00 EU17 Industrial orders January - 2.1%
10:00 EU17 Industrial orders January Y/Y - 19.9%
15:00 USA Existing home sales January, mln 5.27 5.28
Trading range: 1.3675 - 1.3775
Trend: Upward
Buy at 1.3687 SL 1.3655 TP 1.3764
USD\/JPY
Trading range: 82.80 - 81.85
Trend: Downward
Sell at 82.66 SL 82.98 TP 81.94
GBP\/USD
Trading range: 1.6155 - 1.6270
Trend: Upward
Buy at 1.6169 SL 1.6137 TP 1.6257
USD\/CHF
Trading range: 0.9390 - 0.9285
Trend: Downward
Sell at 0.9376 SL 0.9408 TP 0.9292
Today's Economic Calendar:
Time GMT, Country, Indicator, Forecast, Prior
06:30 France CPI January unadjusted 0.1% 0.5%
06:30 France CPI January unadjusted Y/Y 2.0% 1.8%
06:30 France HICP January Y/Y 2.1% 2.0%
09:30 UK BoE meeting minutes 10.02
10:00 Italy CPI January final 0.4% 0.4%
10:00 Italy CPI January final Y/Y 2.1% 1.9%
10:00 Italy HICP January final Y/Y 2.4% 2.1%
10:00 EU17 Industrial orders January - 2.1%
10:00 EU17 Industrial orders January Y/Y - 19.9%
15:00 USA Existing home sales January, mln 5.27 5.28
Tuesday, February 22, 2011
Majors Daily Forecast 22 February 2011
EUR\/USD
Trading range: 1.3605 - 1.3505
Trend: Downward
Sell at 1.3594 SL 1.3626 TP 1.3517
USD\/JPY
Trading range: 83.15 - 84.10
Trend: Upward
Buy at 83.26 SL 82.94 TP 83.98
GBP\/USD
Trading range: 1.6185 - 1.6075
Trend: Downward
Sell at 1.6174 SL 1.6206 TP 1.6086
USD\/CHF
Trading range: 0.9500 - 0.9400
Trend: Downward
Sell at 0.9490 SL 0.9522 TP 0.9406
Today's Economic Calendar:
Time GMT, Country, Indicator, Forecast, Prior
09:30 UK PSNCR January, bln - 25.5
09:30 UK PSNB January, bln -0.1 16.8
13:30 Canada Retail sales December 0.1% 1.3%
13:30 Canada Retail sales excluding auto December 0.6% 1.0%
13:55 USA Redbook 19.02
15:00 USA Consumer confidence February 66.7 65.6 60.6
23:50 Japan Trade balance January unadjusted, trln - 0.728
Trading range: 1.3605 - 1.3505
Trend: Downward
Sell at 1.3594 SL 1.3626 TP 1.3517
USD\/JPY
Trading range: 83.15 - 84.10
Trend: Upward
Buy at 83.26 SL 82.94 TP 83.98
GBP\/USD
Trading range: 1.6185 - 1.6075
Trend: Downward
Sell at 1.6174 SL 1.6206 TP 1.6086
USD\/CHF
Trading range: 0.9500 - 0.9400
Trend: Downward
Sell at 0.9490 SL 0.9522 TP 0.9406
Today's Economic Calendar:
Time GMT, Country, Indicator, Forecast, Prior
09:30 UK PSNCR January, bln - 25.5
09:30 UK PSNB January, bln -0.1 16.8
13:30 Canada Retail sales December 0.1% 1.3%
13:30 Canada Retail sales excluding auto December 0.6% 1.0%
13:55 USA Redbook 19.02
15:00 USA Consumer confidence February 66.7 65.6 60.6
23:50 Japan Trade balance January unadjusted, trln - 0.728
Monday, February 21, 2011
Majors Daily Forecast 21 February 2011
EURVUSD
Trading range: 1.3655 - 1.3755
Trend: Upward
Buy at 1.3666 SL 1.3634 TP 1.3743
USD\/JPY
Trading range: 83.30 - 82.40
Trend: Downward
Sell at 83.20 SL 83.52 TP 82.48
GBP\/USD
Trading range: 1.6205 - 1.6320
Trend: Upward
Buy at 1.6218 SL 1.6186 TP 1.6306
USD\/CHF
Trading range: 0.9485 - 0.9380
Trend: Downward
Sell at 0.9472 SL 0.9504 TP 0.9388
Today's Economic Calendar:
Time GMT, Country, Indicator, Forecast, Prior
04:30 Japan All industry index December - -0.1%
08:00 France PMI February flash 55.4 54.9
08:00 France PMI services February flash 57.9 57.8
08:30 Germany PMI February flash 60.1 60.5
08:30 Germany PMI services February flash 60.4 60.3
08:00 EU17 PMI February flash 57.1 57.3
08:00 EU17 PMI services February flash 56.1 55.9
09:00 Germany IFO business climate index February 110.5 110.3
USA President's Day
Trading range: 1.3655 - 1.3755
Trend: Upward
Buy at 1.3666 SL 1.3634 TP 1.3743
USD\/JPY
Trading range: 83.30 - 82.40
Trend: Downward
Sell at 83.20 SL 83.52 TP 82.48
GBP\/USD
Trading range: 1.6205 - 1.6320
Trend: Upward
Buy at 1.6218 SL 1.6186 TP 1.6306
USD\/CHF
Trading range: 0.9485 - 0.9380
Trend: Downward
Sell at 0.9472 SL 0.9504 TP 0.9388
Today's Economic Calendar:
Time GMT, Country, Indicator, Forecast, Prior
04:30 Japan All industry index December - -0.1%
08:00 France PMI February flash 55.4 54.9
08:00 France PMI services February flash 57.9 57.8
08:30 Germany PMI February flash 60.1 60.5
08:30 Germany PMI services February flash 60.4 60.3
08:00 EU17 PMI February flash 57.1 57.3
08:00 EU17 PMI services February flash 56.1 55.9
09:00 Germany IFO business climate index February 110.5 110.3
USA President's Day
Friday, February 18, 2011
Majors Daily Forecast 18 February 2011
EURVUSD
Trading range: 1.3570 - 1.3675
Trend: Upward
Buy at 1.3584 SL 1.3552 TP 1.3661
USD\/JPY
Trading range: 83.40 - 82.50
Trend: Downward
Sell at 83.30 SL 83.62 TP 82.58
GBP\/USD
Trading range: 1.6135 - 1.6250
Trend: Upward
Buy at 1.6149 SL 1.6117 TP 1.6237
USD\/CHF
Trading range: 0.9520 - 0.9420
Trend: Downward
Sell at 0.9510 SL 0.9542 TP 0.9426
Today's Economic Calendar:
Time GMT, Country, Indicator, Forecast, Prior
05:00 Japan BoJ monthly economic report February
07:00 Germany PPI January 0.6% 0.7%
07:00 Germany PPI January Y/Y 5.1% 5.3%
07:45 France Business confidence February 109 108
09:30 UK Retail sales January 0.5% -0.8%
09:30 UK Retail sales January Y/Y 4.1% 0.0%
12:00 Canada CPI January 0.0%
12:00 Canada CPI January Y/Y 2.4%
12:00 Canada CPI core January -0.3%
12:00 Canada CPI core January Y/Y 1.5%
Thursday, February 17, 2011
Majors Daily Forecast 17 February 2011
EURVUSD
Trading range: 1.3540 - 1.3640
Trend: Upward
Buy at 1.3552 SL 1.3520 TP 1.3629
Trading range: 1.3540 - 1.3640
Trend: Upward
Buy at 1.3552 SL 1.3520 TP 1.3629
USD\/JPY
Trading range: 83.75 - 82.85
Trend: Downward
Sell at 83.63 SL 83.95 TP 82.91
GBP\/USD
Trading range: 1.6080 - 1.6190
Trend: Upward
Buy at 1.6092 SL 1.6060 TP 1.6180
USD\/CHF
Trading range: 0.9615 - 0.9510
Trend: Downward
Sell at 0.9601 SL 0.9633 TP 0.9517
Time GMT, Country, Indicator, Forecast, Prior
03:30 Japan BoJ meeting announcement 0.00-0.10% 0.00-0.10%
05:00 Japan Leading indicators composite index December final - 101.4
05:00 Japan Coincident indicators composite index December final - 103.1
09:00 EU16 Current account December adjusted, bln - -4.0
09:00 EU16 Current account December unadjusted, bln - -6.0
11:00 UK CBI industrial order books balance February -7% -16%
11:00 UK CBI industrial output balance February - 17%
13:30 USA Jobless claims week to 12.02 405K 383K
13:30 USA CPI January 0.3% 0.5%
13:30 USA CPI January Y/Y - 1.5%
13:30 USA CPI excluding food and energy January 0.1% 0.1%
13:30 USA CPI excluding food and energy January Y/Y - 0.8%
15:00 USA Leading indicators January 0.2% 1.0%
15:00 USA Philadelphia Fed index February 20.2 19.3
21:30 USA M2 money supply 07.02, bln - +39.5
Wednesday, February 16, 2011
Majors Daily Forecast 16 February 2011
EURVUSD
Trading range: 1.3510 - 1.3610
Trend: Upward
Buy at 1.3521 SL 1.3489 TP 1.3598
USD\/JPY
Trading range: 83.90 - 82.95
Trend: Downward
Sell at 83.76 SL 84.08 TP 83.04
GBP\/USD
Trading range: 1.6130 - 1.6240
Trend: Upward
Buy at 1.6141 SL 1.6109 TP 1.6229
USD\/CHF
Trading range: 0.9665 - 0.9560
Trend: Downward
Sell at 0.9653 SL 0.9685 TP 0.9569
Today's Economic Calendar:
Time GMT, Country, Indicator, Forecast, Prior
09:30 UK Claimant count January -2000 -4100
09:30 UK Claimant count rate January - 4.5%
09:30 UK Average earnings 3 months to December Y/Y 2.0% 2.1%
09:30 UK Average earnings ex bonuses 3 months to December Y/Y - 2.3%
09:30 UK ILO Jobless rate December 7.9% 7.9%
10:30 UK BoE quarterly inflation report
13:30 USA Housing starts January, mln 0.537 0.529
13:30 USA Building permits January, mln 0.570 0.635
13:30 USA PPI January 0.9% 1.1%
13:30 USA PPI January Y/Y - 4.0%
13:30 USA PPI excluding food and energy January 0.1% 0.2%
13:30 USA PPI excluding food and energy January Y/Y - 1.3%
14:15 USA Industrial production January 0.4% 0.8%
14:15 USA Capacity utilisation January 76.3 76.0
Tuesday, February 15, 2011
Majors Daily Forecast 15 February 2011
EURVUSD
Trading range: 1.3540 - 1.3440
Trend: Downward
Sell at 1.3527 SL 1.3559 TP 1.3450
USD\/JPY
Trading range: 83.25 - 84.20
Trend: Upward
Buy at 83.36 SL 83.04 TP 84.08
GBP\/USD
Trading range: 1.6070 - 1.5960
Trend: Downward
Sell at 1.6060 SL 1.6092 TP 1.5972
USD\/CHF
Trading range: 0.9670 - 0.9780
Trend: Upward
Buy at 0.9682 SL 0.9650 TP 0.9766
Today's Economic Calendar:
Time GMT, Country, Indicator, Forecast, Prior
04:30 Japan Industrial output December final - 3.1%
04:30 Japan Industrial output December final Y/Y - 4.6%
06:30 France GDP Q4 flash 0.8% 0.3%
06:30 France GDP Q4 flash Y/Y 1.6% 1.7%
07:00 Germany GDP Q4 flash 0.5% 0.7%
07:00 Germany GDP Q4 flash Y/Y 4.1% 3.9%
09:00 Italy GDP Q4 preliminary 0.2% 0.3%
09:00 Italy GDP Q4 preliminary Y/Y 1.4% 1.1%
09:30 UK HICP January 0.1% 1.0%
09:30 UK HICP January Y/Y 4.0% 3.7%
09:30 UK HICP ex EFAT January Y/Y - 2.9%
09:30 UK Retail prices January - 0.7%
09:30 UK Retail prices January Y/Y - 4.8%
09:30 UK RPI-X January Y/Y - 4.7%
10:00 Germany ZEW economic expectations index February 20.0 15.4
10:00 EU16 GDP Q4 flash 0.4% 0.3%
10:00 EU16 GDP Q4 flash Y/Y 2.1% 1.9%
10:00 EU16 Trade balance December adjusted, bln - -1.9
10:00 EU16 Trade balance December unadjusted, bln 1.0 -0.4
13:30 USA NY Fed Empire State manufacturing index February 13.0 11.9
13:30 USA Retail sales January 0.6% 0.6%
13:30 USA Retail sales excluding auto January 0.6% 0.5%
13:30 USA Import prices January 0.9% 1.1%
13:30 USA Export prices January - 0.7%
13:55 USA Redbook 12.02
14:00 USA TICS net flows December, bln - 39.0
14:00 USA TICS net long-term flows December, bln - 85.1
15:00 USA Business inventories December 0.7% 0.2%
23:50 Japan Tertiary activity index December -0.6% 0.6%
Monday, February 14, 2011
Majors Daily Forecast 14 February 2011
EURVUSD
Trading range: 1.3515 - 1.3620
Trend: Upward
Buy at 1.3529 SL 1.3497 TP 1.3606
USD\/JPY
Trading range: 83.35 - 82.40
Trend: Downward
Sell at 83.22 SL 83.54 TP 82.50
GBP\/USD
Trading range: 1.6040 - 1.6155
Trend: Upward
Buy at 1.6053 SL 1.6021 TP 1.6141
USD\/CHF
Trading range: 0.9755 - 0.9650
Trend: Downward
Sell at 0.9742 SL 0.9774 TP 0.9658
Today's Economic Calendar:
Time GMT, Country, Indicator, Forecast, Prior
10:00 EU16 Industrial production December -0.2% 1.2%
10:00 EU16 Industrial production December Y/Y 8.0% 7.4%
Saturday, February 12, 2011
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Tuesday, February 08, 2011
How to use an Expert Advisor
How to use an Expert Advisor
In order to make use of an Expert Advisor you have to install it on MetaTrader and then attach it to the appropriate chart on MetaTrader 4. This is fairly simple as will be described below. If there are any instructions included with your Expert Advisor you should read them in their entirety.
#1- First, you have to put the Expert Advisor in a place where MetaTrader 4 will be able to use it. In most installations of MetaTrader 4 that place is C:\Program Files\MetaTrader 4\experts The actual Expert Advisor is a file without an icon that ends with .EX4
#2- Now that the Expert Advisor is in the correct location within your computer, re-start MetaTrader 4.
#3- When MetaTrader 4 starts up again you will now see the new Expert Advisor on the left navigation menu.
In order to make use of an Expert Advisor you have to install it on MetaTrader and then attach it to the appropriate chart on MetaTrader 4. This is fairly simple as will be described below. If there are any instructions included with your Expert Advisor you should read them in their entirety.
#1- First, you have to put the Expert Advisor in a place where MetaTrader 4 will be able to use it. In most installations of MetaTrader 4 that place is C:\Program Files\MetaTrader 4\experts The actual Expert Advisor is a file without an icon that ends with .EX4
#2- Now that the Expert Advisor is in the correct location within your computer, re-start MetaTrader 4.
#3- When MetaTrader 4 starts up again you will now see the new Expert Advisor on the left navigation menu.
Let Money Work For You
Foreign exchange market or currency market or Forex is the market where one currency is traded for another. It is one of the largest markets in the world. Average daily international foreign exchange trading volume was $1.9 trillion in April 2004 according to the BIS study.In order to make a lot of money from forex first you need to know the fundamental and technical analysis.It's take you a lot of time in order to master in both analysis.But there are also other option in which you can make money easily in forex.What you need to do is simply let your forex trading go auto by using forex expert advisors.You just need to pick up one ea and do the blaktest first to know the strengthen of yours auto ea.Once you got the best ea then you can just simply put it on and let it to auto trade for your trading.Above is one example of huge amount of pips that you get by just using forex expert advisors.Below i have put some forex expert advisors that you can try and do blaktest by your owns.Simply click the name of forex expert advisors link to download.Have a joy!
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