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