Daily Forecast Monday, 10 December 2012

EUR/USD
Trading range: 1.2925 - 1.2825
Trend: Downward
Sell at 1.2915 SL 1.2947 TP 1.2838

USD/JPY
Trading range: 82.60 - 81.70
Trend: Downward
Sell at 82.50 SL 82.82 TP 81.78

GBP/USD
Trading range: 1.6040 - 1.5930
Trend: Downward
Sell at 1.6029 SL 1.6061 TP 1.5941

USD/CHF
Trading range: 0.9335 - 0.9445
Trend: Upward
Buy at 0.9349 SL 0.9317 TP 0.9433


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

07:00 Germany Current account October unadjusted, bln 13.6 16.3
07:00 Germany Trade balance October unadjusted, bln 15.6 16.9
07:45 France Industrial production October 0.4% -2.7%
07:45 France Industrial production October Y/Y - -2.5%
09:00 Italy Industrial production October adjusted -0.1% -1.5%
09:00 Italy Industrial production October Y/Y adjusted - -4.8%
10:00 Italy GDP Q3 revised -0.2% -0.2%
10:00 Italy GDP Q3 revised Y/Y -2.4% -2.4%
23:50 Japan M2+CDs money supply November Y/Y 2.3% 2.3%