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%