Majors Daily Forecast 23 February 2011

EUR\/USD
Trading range: 1.3675 - 1.3775
Trend: Upward
Buy at 1.3687 SL 1.3655 TP 1.3764


USD\/JPY
Trading range: 82.80 - 81.85
Trend: Downward
Sell at 82.66 SL 82.98 TP 81.94


GBP\/USD
Trading range: 1.6155 - 1.6270
Trend: Upward
Buy at 1.6169 SL 1.6137 TP 1.6257


USD\/CHF
Trading range: 0.9390 - 0.9285
Trend: Downward
Sell at 0.9376 SL 0.9408 TP 0.9292


Today's Economic Calendar:
Time GMT, Country, Indicator, Forecast, Prior


06:30 France CPI January unadjusted 0.1% 0.5%
06:30 France CPI January unadjusted Y/Y 2.0% 1.8%
06:30 France HICP January Y/Y 2.1% 2.0%
09:30 UK BoE meeting minutes 10.02
10:00 Italy CPI January final 0.4% 0.4%
10:00 Italy CPI January final Y/Y 2.1% 1.9%
10:00 Italy HICP January final Y/Y 2.4% 2.1%
10:00 EU17 Industrial orders January - 2.1%
10:00 EU17 Industrial orders January Y/Y - 19.9%
15:00 USA Existing home sales January, mln 5.27 5.28