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1. Forex Daily Forecast – 20 Aug 2015
Market Research
Forex Daily Forecast – 20 Aug 2015
EURUSD INTRADAY : Probable Upside
Preferred Trade:Preferred Trade:
Buy Above 1.1135Buy Above 1.1135
Expected Target 1.1156Expected Target 1.1156
Alternate Scenario:Alternate Scenario:
Sell Below 1.1114Sell Below 1.1114
Expected Target 1.1093Expected Target 1.1093
Events:Events:
German PPI (MoM) (Jul) release on 06:00 GMTby European UnionGerman PPI (MoM) (Jul) release on 06:00 GMTby European Union
FOMC Member Williams Speaks on 06:45 GMTby USFOMC Member Williams Speaks on 06:45 GMTby US
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2. GBPUSD INTRADAY : Probable Upside
Preferred Trade:Preferred Trade:
Buy Above 1.5691Buy Above 1.5691
Expected Target 1.5707Expected Target 1.5707
Alternate Scenario:Alternate Scenario:
Sell Below 1.5674Sell Below 1.5674
Expected Target 1.5658Expected Target 1.5658
Events:Events:
Retail Sales (MoM) (Jul) release on 08:30 GMTby UKRetail Sales (MoM) (Jul) release on 08:30 GMTby UK
Continuing Jobless Claims release on 12:30 GMTby USContinuing Jobless Claims release on 12:30 GMTby US
AUDUSD INTRADAY : Probable Upside
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3. Preferred Trade:Preferred Trade:
Buy Above 0.7360Buy Above 0.7360
Expected Target 0.7380Expected Target 0.7380
Alternate Scenario:Alternate Scenario:
Sell Below 0.7341Sell Below 0.7341
Expected Target 0.7321Expected Target 0.7321
Events:Events:
Philadelphia Fed Manufacturing Index (Aug) release on 14:00 GMTby USPhiladelphia Fed Manufacturing Index (Aug) release on 14:00 GMTby US
USDJPY INTRADAY : Probable Upside
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4. Preferred Trade:Preferred Trade:
Buy Above 123.905Buy Above 123.905
Expected Target 124.038Expected Target 124.038
Alternate Scenario:Alternate Scenario:
Sell Below 123.773Sell Below 123.773
Expected Target 123.64Expected Target 123.64
Events:Events:
Philly Fed Employment (Aug) release on 14:00 GMTby USPhilly Fed Employment (Aug) release on 14:00 GMTby US
BoJ Press Conference release on 06:30 GMTby JapanBoJ Press Conference release on 06:30 GMTby Japan
XAUUSD INTRADAY : Probable Upside
Preferred Trade:Preferred Trade:
Buy Above 1136.78Buy Above 1136.78
Expected Target 1140.98Expected Target 1140.98
Alternate Scenario:Alternate Scenario:
Sell Below 1132.58Sell Below 1132.58
Expected Target 1128.38Expected Target 1128.38
Events:Events:
Existing Home Sales (Jul) release on 14:00 GMTby USExisting Home Sales (Jul) release on 14:00 GMTby US
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5. XTIUSD INTRADAY : Probable Upside
Preferred Trade:Preferred Trade:
Buy Above 41.13Buy Above 41.13
Expected Target 41.31Expected Target 41.31
Alternate Scenario:Alternate Scenario:
Sell Below 40.96Sell Below 40.96
Expected Target 40.78Expected Target 40.78
Events:Events:
Philly Fed Employment (Aug) release on 14:00 GMTby USPhilly Fed Employment (Aug) release on 14:00 GMTby US
Disclaimer:
The Chart andAnalysis presented above is only for information purpose and not to be considered as Forex Trading Instruction. BlueMax doesn’t 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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7. 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 broker’s payment methods and terms. It is investor’s responsibility to move in a legal way,
by submitting their proofs and investments.
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