Forex Daily Forecast 21 Sep 2015

Market Research

Forex Daily Forecast 21 Sep 2015

EURUSD INTRADAY : Probable Upside

Preferred Trade:
Buy Above 1.1306
Expected Target 1.1331

Alternate Scenario:
Sell Below 1.1281
Expected Target 1.1256

Events:
ECBs Nowotny Speaks on 16:00 GMT by European Union
Existing Home Sales (MoM) (Aug) release on 14:00 GMT by US

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GBPUSD INTRADAY : Probable Upside

Preferred Trade:
Buy Above 1.5532
Expected Target 1.5551

Alternate Scenario:
Sell Below 1.5514
Expected Target 1.5495

Events:
Existing Home Sales (Aug) release on 14:00 GMT by US

AUDUSD INTRADAY : Probable Downside

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Preferred Trade:
Sell Below 0.7175
Expected Target 0.7153

Alternate Scenario:
Buy Above 0.7197
Expected Target 0.7219

Events:
3-Month Bill Auction release on 15:30 GMT by US

USDJPY INTRADAY : Probable Downside

Preferred Trade:
Sell Below 119.888
Expected Target 119.626

Alternate Scenario:
Buy Above 120.149
Expected Target 120.411

Events:
FOMC Member Lockhart Speaks on 17:00 GMT by US

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XAUUSD INTRADAY : Probable Downside

Preferred Trade:
Sell Below 1137.51
Expected Target 1135.28

Alternate Scenario:
Buy Above 1139.74
Expected Target 1141.97

Events:
Existing Home Sales (MoM) (Aug) release on 14:00 GMT by US

XTIUSD INTRADAY : Probable Upside

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Preferred Trade:
Buy Above 45.26
Expected Target 45.50

Alternate Scenario:
Sell Below 45.03
Expected Target 44.79

Events:
Existing Home Sales (Aug) release on 14:00 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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