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