Majors Daily Forecast 6 August 2012

EUR/USD
Trading range: 1.2415 - 1.2340
Trend: Neutral
Sell at 1.2404 SL 1.2436 TP 1.2354

USD/JPY
Trading range: 78.60 - 77.95
Trend: Neutral
Sell at 78.48 SL 78.80 TP 78.03

GBP/USD
Trading range: 1.5640 - 1.5560
Trend: Neutral
Sell at 1.5628 SL 1.5660 TP 1.5573

USD/CHF
Trading range: 0.9680 - 0.9755
Trend: Neutral
Buy at 0.9693 SL 0.9661 TP 0.9743

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

05:00 Japan Leading indicators composite index June preliminary - 95.2
05:00 Japan Coincident indicators composite index June preliminary - 95.8
07:00 UK Halifax house price index June -0.3% 1.0%
07:00 UK Halifax house price index June 3m Y/Y -0.6% -0.5%
13:00 USA Fed Chairman Ben Bernanke Speaks
22:45 New Zealand Labour cost index 0.5% 0.5%
Canada Civic Holiday

*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 +33, total on Friday +128 pips, as shown at our web site.