Forex Daily Forecast 26 Oct 2015

Market Research

Forex Daily Forecast 26 Oct 2015

EURUSD INTRADAY : Probable Upside

Preferred Trade:
Buy Above 1.1023
Expected Target 1.1049

Alternate Scenario:
Sell Below 1.0997
Expected Target 1.0971

Events:
German Ifo Business Climate Index (Oct) release on 09:00 GMT by European Union
Dallas Fed Mfg Business Index (Oct) release on 14:30 GMT by US

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GBPUSD INTRADAY : Probable Upside

Preferred Trade:
Buy Above 1.5326
Expected Target 1.5348

Alternate Scenario:
Sell Below 1.5304
Expected Target 1.5282

Events:
BBA Mortgage Approvals release on 09:30 GMT by UK
New Home Sales (MoM) (Sep) release on 14:00 GMT by US

AUDUSD INTRADAY : Probable Upside

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Preferred Trade:
Buy Above 0.7242
Expected Target 0.7277

Alternate Scenario:
Sell Below 0.7207
Expected Target 0.7172

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

USDJPY INTRADAY : Probable Downside

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Preferred Trade:
Sell Below 121.228
Expected Target 120.956

Alternate Scenario:
Buy Above 121.501
Expected Target 121.773

Events:
3-Month Bill Auction release on 15:30 GMT by US
Corporate Services Price Index (CSPI) (YoY) release on 23:50 GMT by Japan

XAUUSD INTRADAY : Probable Upside

Preferred Trade:
Buy Above 1164.10
Expected Target 1166.11

Alternate Scenario:
Sell Below 1162.09
Expected Target 1160.08

Events:
New Home Sales (MoM) (Sep) release on 14:00 GMT by US

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XTIUSD INTRADAY : Probable Upside

Preferred Trade:
Buy Above 44.90
Expected Target 45.12

Alternate Scenario:
Sell Below 44.68
Expected Target 44.46

Events:
3-Month Bill Auction release on 15:30 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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