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