Majors Daily Forecast 27 January 2012

Trading range: 1.3070 - 1.3170

Trend: Upward

Buy at 1.3081 SL 1.3049 TP 1.3158

USD/JPY

Trading range: 77.30 - 76.35

Trend: Downward

Sell at 77.17 SL 77.49 TP 76.45

GBP/USD

Trading range: 1.5655 - 1.5765

Trend: Upward

Buy at 1.5667 SL 1.5635 TP 1.5755

USD/CHF

Trading range: 0.9240 - 0.9135

Trend: Downward

Sell at 0.9228 SL 0.9260 TP 0.9144

Today's Economic Calendar:

Time GMT, Country, Indicator, Forecast, Prior

00:01 UK Gfk consumer confidence January -33

07:00 Germany Import prices December 0.3% 0.4%

07:00 Germany Import prices December Y/Y 3.8% 6.0%

09:00 EU17 M3 money supply December adjusted Y/Y 2.3% 2.0%

09:00 EU17 M3 money supply 3 months to December adjusted Y/Y 2.3% 2.5%

13:30 USA GDP Q4 preliminary Y/Y 3.0% 1.8%

13:30 USA PCE price index Q4 preliminary - 2.3%

13:30 USA PCE price index ex food, energy Q4 preliminary - 2.1%

14:55 USA Michigan sentiment index January final 74.0 74.0

*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 +76, total yesterday +189 pips, as shown at our web site.