Majors Daily Forecast 6 February 2012

Trading range: 1.3110 - 1.3005

Trend: Downward

Sell at 1.3096 SL 1.3128 TP 1.3019

USD/JPY

Trading range: 76.90 - 76.00

Trend: Downward

Sell at 76.80 SL 77.12 TP 76.08

GBP/USD

Trading range: 1.5795 - 1.5685

Trend: Downward

Sell at 1.5784 SL 1.5816 TP 1.5696

USD/CHF

Trading range: 0.9200 - 0.9305

Trend: Upward

Buy at 0.9211 SL 0.9179 TP 0.9295

Today's Economic Calendar:

Time GMT, Country, Indicator, Forecast, Prior

New Zealand Waitangi day

11:00 Germany Manufacturing orders December seasonally adjusted 1.0% -4.8%

11:00 Germany Manufacturing orders December not seasonally adjusted, workday adjusted Y/Y -0.8%-4.3%

*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 +56, total on Friday +142 pips, as shown at our web site.