Daily Forecast 9 July 2010

[Nikhora]

Daily Forecast 9 July 2010

EUR/USD
Trading range: 1.2670 - 1.2770
Trend: Upward
Buy at 1.2681 SL 1.2649 TP 1.2758

USD/JPY
Trading range: 88.35 - 89.30
Trend: Upward
Buy at 88.47 SL 88.15 TP 89.19

GBP/USD
Trading range: 1.5125 - 1.5240
Trend: Upward
Buy at 1.5139 SL 1.5107 TP 1.5227

USD/CHF
Trading range: 1.0535 - 1.0430
Trend: Downward
Sell at 1.0521 SL 1.0553 TP 1.0437

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

06:00 Germany CPI June final 0.1% 0.1%
06:00 Germany CPI June final Y/Y 0.9% 0.9%
06:00 Germany HICP June final Y/Y 0.8% 0.8%
06:45 France Ind production May 0.4% -0.3%
06:45 France Ind production May Y/Y 6.0% 7.9%
08:00 Italy Ind production May adj - 1.0%
08:00 Italy Ind production May Y/Y adj - 7.8%
08:30 UK Trade in goods May, bln - -7.28
08:30 UK Non-EU trade May, bln - -3.99
08:30 UK PPI Output June unadj - 0.3%
08:30 UK PPI Output June unadj Y/Y - 5.7%
08:30 UK PPI Output ex FDT June adj - 0.1%
08:30 UK PPI Output ex FDT June unadj Y/Y - 4.4%
08:30 UK PPI Input June adj - -0.6%
08:30 UK PPI Input June unadj Y/Y - 11.2%
11:00 Canada Employment June - +24.7
11:00 Canada Unemployment rate June - 8.1%
14:00 USA Wholesale inventories May 0.5% 0.4%