Majors Daily Forecast 30 April 2012

Trading range: 1.3225 - 1.3325

Trend: Upward

Buy at 1.3237 SL 1.3205 TP 1.3314

USD/JPY

Trading range: 80.30 - 79.40

Trend: Downward

Sell at 80.18 SL 80.50 TP 79.46

GBP/USD

Trading range: 1.6265 - 1.6375

Trend: Upward

Buy at 1.6276 SL 1.6244 TP 1.6364

USD/CHF

Trading range: 0.9085 - 0.8985

Trend: Downward

Sell at 0.9075 SL 0.9107 TP 0.8991

Today's Economic Calendar:

Time GMT, Country, Indicator, Forecast, Prior

Japan Day of the Nature

06:00 Germany Retail sales March real adjusted 0.8% -1.1%

06:00 Germany Retail sales March real unadjusted Y/Y 0.1% 1.7%

06:00 UK Nationwide house price index April 0.5% -1.0%

06:00 UK Nationwide house price index April Y/Y -0.3% -0.9%

08:00 EU17 M3 money supply March adjusted Y/Y 2.6% 2.8%

08:00 EU17 M3 money supply 3 months to March adjusted Y/Y 2.6% 2.3%

09:00 Italy CPI April preliminary - 0.5%

09:00 Italy CPI April preliminary Y/Y - 3.3%

09:00 Italy HICP April preliminary Y/Y - 3.8%

09:00 EU17 Harmonized CPI April Y/Y preliminary 2.5% 2.6%

12:30 USA Personal income March 0.4% 0.2%

12:30 USA Personal spending March 0.6% 0.8%

12:30 USA PCE price index ex food, energy March 0.2% 0.1%

12:30 USA PCE price index ex food, energy March Y/Y - 1.9%

13:45 USA Chicago PMI April 60.5 62.2

*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 +60, total on Friday +76 pips, as shown at our web site.