Forex Daily Forecast 13 Nov 2015

Market Research

Forex Daily Forecast 13 Nov 2015

EURUSD INTRADAY : Probable Downside

Preferred Trade:
Sell Below 1.0799
Expected Target 1.0775

Alternate Scenario:
Buy Above 1.0823
Expected Target 1.0847

Events:
German GDP (QoQ) (Q3) release on 07:00 GMT by European Union
Core Retail Sales (MoM) (Oct) release on 13:30 GMT by US

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GBPUSD INTRADAY : Probable Downside

Preferred Trade:
Sell Below 1.5217
Expected Target 1.5200

Alternate Scenario:
Buy Above 1.5235
Expected Target 1.5252

Events:
CFTC Gold speculative net positions release on 20:30 GMT by US

AUDUSD INTRADAY : Probable Upside

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Preferred Trade:
Buy Above 0.7132
Expected Target 0.7143

Alternate Scenario:
Sell Below 0.7121
Expected Target 0.7110

Events:
CFTC AUD speculative net position release on 20:30 GMT by Australia
Baker Hughes U.S. Rig Count release on 18:00 GMT by US

USDJPY INTRADAY : Probable Upside

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Preferred Trade:
Buy Above 122.666
Expected Target 122.836

Alternate Scenario:
Sell Below 122.497
Expected Target 122.327

Events:
CFTC S&P 500 speculative net positions release on by 20:30 GMT by US

XAUUSD INTRADAY : Probable Downside

Preferred Trade:
Sell Below 1082.02
Expected Target 1078.86

Alternate Scenario:
Buy Above 1085.18
Expected Target 1088.34

Events:
Core Retail Sales (MoM) (Oct) release on 13:30 GMT by US

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XTIUSD INTRADAY : Probable Downside

Preferred Trade:
Sell Below 42.73
Expected Target 42.54

Alternate Scenario:
Buy Above 42.92
Expected Target 43.11

Events:
CFTC Gold speculative net positions release on 20:30 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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Forex market is a place to earn good profits and at the same time the trading includes high level of risks too. Only the investors who can afford the losses are
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
market is a highly volatile market where assurance is impossible. The traders who invest should completely analyze the nook and corner of the market before
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
the losses. All withdrawals and deposits will be processed as per brokers payment methods and terms. It is investors responsibility to move in a legal way,
by submitting their proofs and investments.

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