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%