Majors Daily Forecast 29 March 2011

EUR\/USD
Trading range: 1.4070 - 1.4170
Trend: Upward
Buy at 1.4083 SL 1.4051 TP 1.4160

USD\/JPY
Trading range: 81.85 - 80.95
Trend: Downward
Sell at 81.74 SL 82.06 TP 81.02

GBP\/USD
Trading range: 1.5990 - 1.6100
Trend: Upward
Buy at 1.6002 SL 1.5970 TP 1.6090

USD\/CHF
Trading range: 0.9185 - 0.9080
Trend: Downward
Sell at 0.9171 SL 0.9203 TP 0.9087


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

06:45 France Consumer spending February - -0.5%
06:45 France Consumer spending February Y/Y - 2.4%
08:30 UK M4 money supply February final - 0.8%
08:30 UK M4 money supply February final Y/Y - -1.7%
08:30 UK Consumer credit February, bln -0.2 -0.3
08:30 UK GDP Q4 final -0.6% -0.6%
08:30 UK GDP Q4 final Y/Y 1.5% 1.5%
08:30 UK Current account Q4, bln - -9.6
09:00 Italy Business confidence March - 103.0
12:00 Germany CPI February preliminary 0.5% 0.5%
12:00 Germany CPI March preliminary Y/Y 2.2% 2.1%
12:00 Germany HICP March preliminary Y/Y 2.1% 2.2%
12:55 USA Redbook 26.03
14:00 USA Consumer confidence March 67.0 70.4
23:50 Japan Industrial output February preliminary -0.2% 1.3%
23:50 Japan Industrial output February preliminary Y/Y 3.8% 3.5%