Daily Forecast Friday, 14 December 2012

EUR/USD
Trading range: 1.3070 - 1.3170
Trend: Upward
Buy at 1.3081 SL 1.3049 TP 1.3158

USD/JPY
Trading range: 83.70 - 84.65
Trend: Upward
Buy at 83.83 SL 83.51 TP 84.55

GBP/USD
Trading range: 1.6100 - 1.6210
Trend: Upward
Buy at 1.6111 SL 1.6079 TP 1.6199

USD/CHF
Trading range: 0.9255 - 0.9150
Trend: Downward
Sell at 0.9241 SL 0.9273 TP 0.9157


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

04:30 Japan Industrial output October final 1.8% 1.8%
04:30 Japan Industrial output October final Y/Y -4.3% -4.3%
10:00 EU17 Harmonized CPI November final -0.2% 0.2%
10:00 EU17 Harmonized CPI November final Y/Y 2.2% 2.5%
10:00 EU17 Harmonized CPI ex EFAT November Y/Y - 1.5%
13:30 USA CPI November -0.1% 0.1%
13:30 USA CPI November Y/Y 2.1% 2.2%
13:30 USA CPI excluding food and energy November 0.1% 0.2%
13:30 USA CPI excluding food and energy November Y/Y 2.0% 2.0%