Forex Daily Forecast 24 Sep 2015

Market Research

Forex Daily Forecast 24 Sep 2015

EURUSD INTRADAY : Probable Upside

Preferred Trade:
Buy Above 1.1183
Expected Target 1.1202

Alternate Scenario:
Sell Below 1.1164
Expected Target 1.1145

Events:
German Ifo Business Climate Index (Sep) release on 08:00 GMT by European Union
Core Durable Goods Orders (MoM) (Aug) release on 12:30 GMT by US

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GBPUSD INTRADAY : Probable Upside

Preferred Trade:
Buy Above 1.5252
Expected Target 1.5264

Alternate Scenario:
Sell Below 1.5241
Expected Target 1.5229

Events:
BBA Mortgage Approvals release on 08:30 GMT by UK
New Home Sales (Aug) release on 14:00 GMT by US

AUDUSD INTRADAY : Probable Downside

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Preferred Trade:
Sell Below 0.7003
Expected Target 0.6983

Alternate Scenario:
Buy Above 0.7023
Expected Target 0.7043

Events:
Fed Chair Yellen Speaks on 21:00 GMT by US

USDJPY INTRADAY : Probable Downside

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Preferred Trade:
Sell Below 120.062
Expected Target 119.733

Alternate Scenario:
Buy Above 120.391
Expected Target 120.718

Events:
New Home Sales (Aug) release on 14:00 GMT by US
National Core CPI (YoY) (Aug) release on 23:30 GMT by Japan

XAUUSD INTRADAY : Probable Upside

Preferred Trade:
Buy Above 1115.92
Expected Target 1118.15

Alternate Scenario:
Sell Below 1113.68
Expected Target 1111.45

Events:
Core Durable Goods Orders (MoM) (Aug) release on 12:30 GMT by US

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XTIUSD INTRADAY : Probable Downside

Preferred Trade:
Sell Below 42.57
Expected Target 42.36

Alternate Scenario:
Buy Above 57.68
Expected Target 65.25

Events:
New 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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