Daily Forecast 15 July 2010

[Nikhora]

Daily Forecast 15 July 2010

EUR/USD
Trading range: 1.2705 - 1.2805
Trend: Upward
Buy at 1.2718 SL 1.2686 TP 1.2795

USD/JPY
Trading range: 88.50 - 87.60
Trend: Downward
Sell at 88.39 87 88.71 TP 87.67

GBP/USD
Trading range: 1.5225 - 1.5340
Trend: Upward
Buy at 1.5238 SL 1.5206 TP 1.5326

USD/CHF
Trading range: 1.0540 - 1.0435
Trend: Downward
Sell at 1.0528 SL 1.0560 TP 1.0444

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

03:30 Japan BoJ meeting announcement 0.10% 0.10%
12:30 USA Jobless claims week to 10.07 453K 454K
12:30 USA PPI June -0.1% -0.3%
12:30 USA PPI June Y/Y - 5.3%
12:30 USA PPI excluding food and energy June 0.1% 0.2%
12:30 USA PPI excluding food and energy June Y/Y - 1.3%
12:30 USA NY Fed Empire State manufacturing index July 18.4 19.6
13:15 USA Industrial production June 0.1% 1.2%
13:15 USA Capacity utilisation June 74.2 74.7
14:00 USA Philadelphia Fed index July 10.0 8.0
20:30 USA M2 money supply 05.07, bln - +11.9
23:50 Japan Tertiary activity index May - 2.1%

Source : http://www.nikhora.com/