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Forex Daily Forecast 25 Jan 2016

Market Research

Forex Daily Forecast 25 Jan 2016

EURUSD INTRADAY : Probable Upside

Preferred Trade:
Buy Above 1.0806
Expected Target 1.0823

Alternate Scenario:
Sell Below 1.0789
Expected Target 1.0772

Events:
German Ifo Business Climate Index (Jan) release on 09:00 GMT by European Union
3-Month Bill Auction release on 16:30 GMT by US

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GBPUSD INTRADAY : Probable Upside

Preferred Trade:
Buy Above 1.4287
Expected Target 1.4323

Alternate Scenario:
Sell Below 1.4252
Expected Target 1.4216

Events:
CBI Industrial Trends Orders (Jan) release on 11:00 GMT by European Union
Dallas Fed Mfg Business Index (Jan) release on 15:30 GMT by US

AUDUSD INTRADAY : Probable Upside

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Preferred Trade:
Buy Above 0.7006
Expected Target 0.7032

Alternate Scenario:
Sell Below 0.7382
Expected Target 0.6954

Events:
3-Month Bill Auction release on 16:30 GMT by US

USDJPY INTRADAY : Probable Downside

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Preferred Trade:
Sell Below 118.592
Expected Target 118.328

Alternate Scenario:
Buy Above 118.856
Expected Target 119.120

Events:
6-Month Bill Auction release on 16:30 GMT by US
Corporate Services Price Index (CSPI) (YoY) release on 23:50 GMT by Japan

XAUUSD INTRADAY : Probable Downside

Preferred Trade:
Sell Below 1097.98
Expected Target 1093.09

Alternate Scenario:
Buy Above 1102.87
Expected Target 1107.67

Events:
3-Month Bill Auction release on 16:30 GMT by US

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XTIUSD INTRADAY : Probable Upside

Preferred Trade:
Buy Above 32.72
Expected Target 33.09

Alternate Scenario:
Sell Below 32.30
Expected Target 31.93

Events:
Dallas Fed Mfg Business Index (Jan) 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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