Majors Daily Forecast 27 June 2012

EUR/USD
Trading range: 1.2520 - 1.2420
Trend: Downward
Sell at 1.2507 SL 1.2539 TP 1.2430

USD/JPY
Trading range: 79.70 - 78.80
Trend: Downward
Sell at 79.59 SL 79.91 TP 78.87

GBP/USD
Trading range: 1.5650 - 1.5540
Trend: Downward
Sell at 1.5640 SL 1.5672 TP 1.5552

USD/CHF
Trading range: 0.9590 - 0.9700
Trend: Upward
Buy at 0.9602 SL 0.9570 TP 0.9686

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

06:00 Germany Import prices May 0.0% -0.2%
06:00 Germany Import prices May Y/Y - 2.3%
08:00 Italy Business confidence June 85.7 86.2
10:00 UK CBI retail sales volume balance June - +21%
12:00 Germany CPI June preliminary -0.1% -0.2%
12:00 Germany CPI June preliminary Y/Y 1.8% 1.9%
12:00 Germany HICP June preliminary Y/Y - 2.2%
12:30 USA Durable goods orders May 0.4% 0.2%
12:30 USA Durable goods orders excluding transportation May 0.8% -0.6%
12:30 USA Durable goods orders excluding defence May - 1.2%
14:00 USA Pending Home Sales Index 1.2% -5.5%
23:50 Japan Retail sales May Y/Y 3.0% 5.8%

*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 +63, total yesterday +98 pips, as shown at our web site.