iFOREX.bg – Daily Forecast 30 July 2010

EUR/USD
Trading range: 1.3040 - 1.3140
Trend: Upward
Buy at 1.3052 SL 1.3020 TP 1.3129

USD/JPY
Trading range: 86.65 - 85.70
Trend: Downward
Sell at 86.52 87 86.84 TP 85.80

GBP/USD
Trading range: 1.5590 - 1.5705
Trend: Upward
Buy at 1.5603 SL 1.5571 TP 1.5691

USD/CHF
Trading range: 1.0440 - 1.0335
Trend: Downward
Sell at 1.0428 SL 1.0460 TP 1.0344

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

05:00 Japan Housing starts June Y/Y - -4.6%
05:00 Japan Construction orders June Y/Y - 9.2%
06:00 Germany Retail sales July real adjusted - 0.4%
06:00 Germany Retail sales July real unadjusted Y/Y - -2.4%
07:30 Italy Business confidence July 96.1
08:00 Italy PPI June - 0.5%
08:00 Italy PPI June Y/Y - 3.6%
09:00 Italy CPI July preliminary - 0.0%
09:00 Italy CPI July preliminary Y/Y - 1.3%
09:00 Italy HICP July preliminary Y/Y - 1.5%
09:00 EU 16 Harmonized CPI July Y/Y preliminary - 1.4%
09:00 EU 16 Unemployment June - 10.0%
12:30 USA GDP Q2 advance Y/Y 2.7% 2.7%
12:30 USA PCE price index Q2 advance - 1.6%
12:30 USA PCE price index ex food, energy Q2 advance - 0.7%
12:30 USA Employment cost index Q2 0.4% 0.6%
13:45 USA Chicago PMI July 53.0 59.1
13:55 USA Michigan sentiment index July final 67.0 66.5

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