Majors Daily Forecast 28 May 2012

EUR/USD
Trading range: 1.2575 - 1.2675
Trend: Upward
Buy at 1.2585 SL 1.2553 TP 1.2662

USD/JPY
Trading range: 79.55 - 78.65
Trend: Downward
Sell at 79.45 SL 79.77 TP 78.73

GBP/USD
Trading range: 1.5680 - 1.5790
Trend: Upward
Buy at 1.5692 SL 1.5660 TP 1.5780

USD/CHF
Trading range: 0.9565 - 0.9460
Trend: Downward
Sell at 0.9551 SL 0.9583 TP 0.9467

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

Switzerland Whit Monday
USA Memorial Day
24:30 Japan Household spending April real Y/Y 2.5% 3.4%
24:30 Japan Unemployment April 4.5% 4.5%
24:50 Japan Retail sales April Y/Y 5.1% 10.3%

*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 +44, total on Friday +41 pips, as shown at our web site.