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Forex Daily Forecast - 19 Jan 2016 BlueMax Capital
Forex Daily Forecast - 19 Jan 2016 BlueMax Capital
Market Research
Preferred Trade:
Sell Below 1.0889
Expected Target 1.0875
Alternate Scenario:
Buy Above 1.0904
Expected Target 1.0918
Events:
Spanish 12-Month Letras Auction release on 09:45 GMT by European Union
NAHB Housing Market Index (Jan) release on 15:00 GMT by US
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Preferred Trade:
Buy Above 1.4252
Expected Target 1.4269
Alternate Scenario:
Sell Below 1.4235
Expected Target 1.4235
Events:
Core PPI Output (MoM) (Dec) release on 09:30 GMT by UK
Overall Net Capital Flow (Nov) release on 21:00 GMT by US
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Preferred Trade:
Buy Above 0.6871
Expected Target 0.6905
Alternate Scenario:
Sell Below 0.6838
Expected Target 0.6804
Events:
Westpac Consumer Sentiment release on 23:30 GMT by Australia
NAHB Housing Market Index (Jan) release on 15:00 GMT by US
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Preferred Trade:
Buy Above 117.518
Expected Target 117.803
Alternate Scenario:
Sell Below 117.233
Expected Target 116.948
Events:
TIC Net Long-Term Transactions (Nov) release on 21:00 GMT by US
Reuters Tankan Index (Jan) release on 23:30 GMT by Japan
Preferred Trade:
Buy Above 1091.10
Expected Target 1094.58
Alternate Scenario:
Sell Below 1087.61
Expected Target 1084.13
Events:
NAHB Housing Market Index (Jan) release on 15:00 GMT by US
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Preferred Trade:
Buy Above 30.28
Expected Target 30.70
Alternate Scenario:
Sell Below 29.85
Expected Target 29.43
Events:
Overall Net Capital Flow (Nov) release on 21:00 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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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
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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
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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