Forex Daily Forecast 14 Oct 2015

Market Research

Forex Daily Forecast 14 Oct 2015

EURUSD INTRADAY : Probable Upside

Preferred Trade:
Buy Above 1.1391
Expected Target 1.1406

Alternate Scenario:
Sell Below 1.1377
Expected Target 1.1362

Events:
Spanish CPI (YoY) (Sep) release on 07:00 GMT by European Union
MBA Mortgage Applications (WoW) release on 11:00 GMT by US

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GBPUSD INTRADAY : Probable Upside

Preferred Trade:
Buy Above 1.5273
Expected Target 1.5301

Alternate Scenario:
Sell Below 1.5245
Expected Target 1.5217

Events:
Average Earnings Index +Bonus (Aug) release on 08:30 GMT by UK
Retail Sales (MoM) (Sep) release on 12:30 GMT by US

AUDUSD INTRADAY : Probable Downside

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Preferred Trade:
Sell Below 0.7217
Expected Target 0.7186

Alternate Scenario:
Buy Above 0.7247
Expected Target 0.7278

Events:
API Weekly Crude Oil Stock release on 20:30 GMT by US

USDJPY INTRADAY : Probable Downside

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Preferred Trade:
Sell Below 119.603
Expected Target 119.404

Alternate Scenario:
Buy Above 119.803
Expected Target 120.002

Events:
Retail Sales Ex Gas/Autos (MoM) (Sep) release on 12:30 GMT by US
Reuters Tankan Index (Oct) release on 23:30 GMT by Japan

XAUUSD INTRADAY : Probable Upside

Preferred Trade:
Buy Above 1171.45
Expected Target 1176.45

Alternate Scenario:
Sell Below 1166.45
Expected Target 1161.45

Events:
Retail Sales (MoM) (Sep) release on 12:30 GMT by US

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XTIUSD INTRADAY : Probable Upside

Preferred Trade:
Buy Above 47.19
Expected Target 47.50

Alternate Scenario:
Sell Below 46.88
Expected Target 46.57

Events:
MBA Mortgage Applications (WoW) release on 11:00 GMT by US

Disclaimer:
The Chart and Analysis presented above is only for information purpose and not to be considered as Forex Trading Instruction. BlueMax doesnt bear any
responsibility for any trading losses that might incur as a result of using this analysis/report.

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advised to invest in the Forex trading. The Trader should be capable of withstanding the high degree of leverage which may hit the account heavily. Forex
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investing as no one can take the responsibility for the losses they face. The brokers can only guide the traders. The brokers cannot take the responsibility for
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