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Forex Daily Forecast 30 Oct 2015

Market Research

Forex Daily Forecast 30 Oct 2015

EURUSD INTRADAY : Probable Upside

Preferred Trade:
Buy Above 1.0985
Expected Target 1.1005

Alternate Scenario:
Sell Below 1.0965
Expected Target 1.0945

Events:
German Retail Sales (YoY) (Sep) release on 07:00 GMT by European Union
Employment Benefits (QoQ) (Q3) release on 12:30 GMT by US

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GBPUSD INTRADAY : Probable Upside

Preferred Trade:
Buy Above 1.5324
Expected Target 1.5343

Alternate Scenario:
Sell Below 1.5305
Expected Target 1.5286

Events:
CFTC GBP speculative net positions release on 19:30 GMT by UK
CFTC Copper speculative net positions release on 19:30 GMT by US

AUDUSD INTRADAY : Probable Upside

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Preferred Trade:
Buy Above 0.7098
Expected Target 0.7128

Alternate Scenario:
Sell Below 0.7068
Expected Target 0.7038

Events:
CFTC AUD speculative net positions release on 19:30 GMT by Australia
Baker Hughes U.S. Rig Count release on 17:30 GMT by US

USDJPY INTRADAY : Probable Upside

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Preferred Trade:
Buy Above 121.029
Expected Target 121.765

Alternate Scenario:
Sell Below 120.293
Expected Target 119.557

Events:
FOMC Member Williams Speaks on 14:00 GMT by US
CFTC JPY speculative net positions release on 19:30 GMT by Japan

XAUUSD INTRADAY : Probable Downside

Preferred Trade:
Sell Below 1168.10
Expected Target 1163.96

Alternate Scenario:
Buy Above 1172.23
Expected Target 1176.37

Events:
Employment Cost Index (QoQ) (Q3) release on 12:30 GMT by US

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XTIUSD INTRADAY : Probable Upside

Preferred Trade:
Buy Above 46.19
Expected Target 46.38

Alternate Scenario:
Sell Below 46.00
Expected Target 45.81

Events:
Employment Wages (QoQ) (Q3) release on 12:30 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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