Majors Daily Forecast 22 March 2011

EUR\/USD
Trading range: 1.4200 - 1.4305
Trend: Upward
Buy at 1.4214 SL 1.4182 TP 1.4291

USD\/JPY
Trading range: 81.10 - 80.15
Trend: Downward
Sell at 80.97 SL 81.29 TP 80.25

GBP\/USD
Trading range: 1.6280 - 1.6395
Trend: Upward
Buy at 1.6294 SL 1.6262 TP 1.6382

USD\/CHF
Trading range: 0.9055 - 0.8950
Trend: Downward
Sell at 0.9044 SL 0.9076 TP 0.8960

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

04:30 Japan All industry index January 2.8% -0.2%
09:30 UK HICP February 0.6% 0.1%
09:30 UK HICP February Y/Y 4.2% 4.0%
09:30 UK HICP ex EFAT February Y/Y - 3.0%
09:30 UK Retail prices February - 0.3%
09:30 UK Retail prices February Y/Y - 5.1%
09:30 UK RPI-X February Y/Y - 5.1%
09:30 UK PSNCR February, bln - -14.4
09:30 UK PSNB February, bln - -5.3
11:00 UK CBI industrial order books balance March -6% -8%
11:00 UK CBI industrial output balance March - 23%
12:30 Canada Retail sales January 1.1% -0.2%
12:30 Canada Retail sales excluding auto January - 0.6%
12:55 USA Redbook 19.03