Majors Daily Forecast 24 January 2011

EUR/USD
Trading range: 1.3625 - 1.3520
Trend: Downward
Sell at 1.3611 SL 1.3643 TP 1.3534

USD/JPY
Trading range: 82.60 - 83.55
Trend: Upward
Buy at 82.71 SL 82.39 TP 83.43

GBP/USD
Trading range: 1.5995 - 1.5885
Trend: Downward
Sell at 1.5984 SL 1.6016 TP 1.5896

USD/CHF
Trading range: 0.9575 - 0.9680
Trend: Upward
Buy at 0.9585 SL 0.9553 TP 0.9669

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

Japan BoJ meeting 1st day
08:00 France PMI January flash - 57.2
08:00 France PMI services January flash - 54.9
08:30 Germany PMI January flash - 60.7
08:30 Germany PMI services January flash - 59.2
09:00 EU16 PMI January flash - 57.1
09:00 EU16 PMI services January flash - 54.2
10:00 EU16 Industrial production November - 0.7%
10:00 EU16 Industrial production November Y/Y - 6.9%

*Please note that the daily forecast is sent on time to subscribers only, who receive also updates, evening forecast, news and real time trading signals, from which we have made today so far +116, total last Friday +158 pips, as shown at our web site.