Majors Daily Forecast 25 May 2012

EUR/USD
Trading range: 1.2505 - 1.2610
Trend: Upward
Buy at 1.2519 SL 1.2487 TP 1.2596

USD/JPY
Trading range: 79.95 - 79.00
Trend: Downward
Sell at 79.81 SL 80.13 TP 79.09

GBP/USD
Trading range: 1.5635 - 1.5745
Trend: Upward
Buy at 1.5647 SL 1.5615 TP 1.5735

USD/CHF
Trading range: 0.9615 - 0.9515
Trend: Downward
Sell at 0.9605 SL 0.9637 TP 0.9521

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

07:00 Germany Import prices April 0.5% 0.7%
07:00 Germany Import prices April Y/Y 3.3% 3.1%
07:45 France Consumer confidence April 89 88
09:00 Italy Retail sales March adjusted - 0.6%
09:00 Italy Retail sales March Y/Y unadjusted - 0.1%
14:55 USA Consumer sentiment index May final 77.8 77.8

*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 +41, total yesterday +163 pips, as shown at our web site.