Majors Daily Forecast 21 October 2011

EUR/USD
Trading range: 1.3820 - 1.3720
Trend: Downward
Sell at 1.3807 SL 1.3839 TP 1.3730

USD/JPY
Trading range: 76.90 - 76.00
Trend: Downward
Sell at 76.80 SL 77.12 TP 76.08

GBP/USD
Trading range: 1.5835 - 1.5720
Trend: Downward
Sell at 1.5821 SL 1.5853 TP 1.5733

USD/CHF
Trading range: 0.8910 - 0.8805
Trend: Downward
Sell at 0.8898 SL 0.8930 TP 0.8814


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

06:45 France Business confidence October 99 99
08:00 Germany IFO business climate index October 106.3 107.5
08:30 UK PSNCR September, bln - 11.8
08:30 UK PSNB September, bln 15.0 15.9
11:00 Canada CPI September 0.1% 0.3%
11:00 Canada CPI September Y/Y 3.0% 3.1%
11:00 Canada CPI core September 0.2% 0.4%
11:00 Canada CPI core September Y/Y 1.9% 1.9%


*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 +92, total yesterday +134 pips, as shown at our web site.