Daily Forecast 2 July 2010

[Nikhora]

Daily Forecast 2 July 2010

EUR/USD
Trading range: 1.2470 - 1.2570
Trend: Upward
Buy at 1.2483 SL 1.2451 TP 1.2560

USD/JPY
Trading range: 88.25 - 87.30
Trend: Downward
Sell at 88.11 87 88.43 TP 87.39

GBP/USD
Trading range: 1.5140 - 1.5250
Trend: Upward
Buy at 1.5152 SL 1.5120 TP 1.5240

USD/CHF
Trading range: 1.0645 - 1.0540
Trend: Downward
Sell at 1.0634 SL 1.0666 TP 1.0550

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

09:00 EU 16 Unempl. May 10.1% 10.1%
09:00 EU 16 PPI May - 0.9%
09:00 EU 16 PPI May Y/Y 3.1% 2.8%
12:30 USA Nonfarm payrolls June -75K 431K
12:30 USA Unempl. rate June 9.7% 9.7%
12:30 USA Average hourly earnings June 0.1% 0.3%
12:30 USA Average workweek June 34.2 34.2
14:00 USA Factory orders May -0.4% 1.2%