Daily Forecast 13 July 2010

[Nikhora]

Daily Forecast 13 July 2010

EUR/USD
Trading range: 1.2610 - 1.2505
Trend: Downward
Sell at 1.2596 SL 1.2628 TP 1.2519

USD/JPY
Trading range: 88.70 - 87.80
Trend: Downward
Sell at 88.60 91 88.92 TP 87.88

GBP/USD
Trading range: 1.5045 - 1.4935
Trend: Downward
Sell at 1.5033 SL 1.5065 TP 1.4945

USD/CHF
Trading range: 1.0600 - 1.0705
Trend: Upward
Buy at 1.0610 SL 1.0578 TP 1.0694

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

04:30 Japan Industrial output May final -0.1% -0.1%
04:30 Japan Industrial output May final Y/Y 20.2% 20.2%
06:45 France CPI June unadjusted - 0.1%
06:45 France CPI June unadjusted Y/Y - 1.6%
06:45 France HICP June Y/Y - 1.9%
08:30 UK HICP June 0.0% 0.2%
08:30 UK HICP June Y/Y - 3.4%
08:30 UK HICP ex EFAT June Y/Y 2.8% 2.9%
08:30 UK Retail prices June 0.1% 0.4%
08:30 UK Retail prices June Y/Y - 5.1%
08:30 UK RPI-X June Y/Y - 5.1%
09:00 Germany ZEW economic expectations index July - 28.7
12:30 USA International trade May, bln -39.4 -40.3
12:30 USA Export May, bln - 148.8
12:30 USA Import May, bln - 189.1
18:00 USA Federal budget June, bln -69.6 -135.9
12:55 USA Redbook 10.07
23:01 UK Nationwide consumer confidence June - 65

Source : http://www.nikhora.com