Majors Daily Forecast 30 January 2012

Trading range: 1.3200 - 1.3095

Trend: Downward

Sell at 1.3186 SL 1.3218 TP 1.3109

USD/JPY

Trading range: 76.80 - 75.90

Trend: Downward

Sell at 76.69 SL 77.01 TP 75.97

GBP/USD

Trading range: 1.5730 - 1.5615

Trend: Downward

Sell at 1.5717 SL 1.5749 TP 1.5629

USD/CHF

Trading range: 0.9135 - 0.9240

Trend: Upward

Buy at 0.9145 SL 0.9113 TP 0.9229

Today's Economic Calendar:

Time GMT, Country, Indicator, Forecast, Prior

09:00 Italy Business confidence December - 92.5

10:00 EU17 Economic sentiment index January - 93.3

10:00 EU17 Business climate indicator January - -0.31

13:00 Germany CPI January preliminary - 0.7%

13:00 Germany CPI January preliminary Y/Y - 2.1%

13:00 Germany HICP January preliminary Y/Y - 2.3%

13:30 USA Personal income December 0.3% 0.1%

13:30 USA Personal spending December 0.2% 0.1%

13:30 USA PCE price index ex food, energy December 0.1% 0.1%

13:30 USA PCE price index ex food, energy December Y/Y - 1.7%

23:30 Japan Unemployment December - 4.5%

23:30 Japan Household spending December real Y/Y - -3.2%

23:50 Japan Industrial output December preliminary - -2.7%

23:50 Japan Industrial output December preliminary Y/Y - -4.2%

*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 +87, total on Friday +135 pips, as shown at our web site.