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Forex Daily Forecast - 16 Nov 2015 - Bluemaxcapital
Forex Daily Forecast - 16 Nov 2015 - Bluemaxcapital
Market Research
Preferred Trade:
Sell Below 1.0715
Expected Target 1.0668
Alternate Scenario:
Buy Above 1.0763
Expected Target 1.0810
Events:
ECB President Draghi Speaks on 10:15 GMT by European Union
NY Empire State Manufacturing Index (Nov) release on 13:30 GMT by US
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Preferred Trade:
Sell Below 1.5217
Expected Target 1.5199
Alternate Scenario:
Buy Above 1.5236
Expected Target 1.5254
Events:
CFTC GBP speculative net positions release on 20:30 GMT by UK
CFTC Copper speculative net positions release on 20:30 GMT by US
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Preferred Trade:
Sell Below 0.7109
Expected Target 0.7092
Alternate Scenario:
Buy Above 0.7127
Expected Target 0.7144
Events:
RBA Assist Gov Kent Speaks on 21:30 GMT by Australia
CFTC Silver speculative net positions release on 20:30 GMT by US
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Preferred Trade:
Sell Below 122.356
Expected Target 122.086
Alternate Scenario:
Buy Above 122.626
Expected Target 122.896
Events:
CFTC Copper speculative net positions release on 20:30 GMT by US
CFTC JPY speculative net positions release on 20:30 GMT by Japan
Preferred Trade:
Buy Above 1090.62
Expected Target 1095.39
Alternate Scenario:
Sell Below 1085.86
Expected Target 1081.09
Events:
CFTC Copper speculative net positions release on 20:30 GMT by US
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Preferred Trade:
Buy Above 42.09
Expected Target 42.40
Alternate Scenario:
Sell Below 41.79
Expected Target 41.48
Events:
CFTC Silver 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
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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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