Online Forex Trading Broker India

1. Forex Daily Forecast – 09 Feb 2016
Market Research
Forex Daily Forecast – 09 Feb 2016
EURUSD INTRADAY : Probable Upside
Preferred Trade:Preferred Trade:
Buy Above 1.1216Buy Above 1.1216
Expected Target 1.1250Expected Target 1.1250
Alternate Scenario:Alternate Scenario:
Sell Below 1.1183Sell Below 1.1183
Expected Target 1.1149Expected Target 1.1149
Events:Events:
German Trade Balance (Dec) release on 07:00 GMTby European UnionGerman Trade Balance (Dec) release on 07:00 GMTby European Union
NFIB Small Business Optimism (Jan) release on 11:00 GMTby USNFIB Small Business Optimism (Jan) release on 11:00 GMTby US
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2. GBPUSD INTRADAY : Probable Downside
Preferred Trade:Preferred Trade:
Sell Below 1.4424Sell Below 1.4424
Expected Target 1.4410Expected Target 1.4410
Alternate Scenario:Alternate Scenario:
Buy Above 1.4438Buy Above 1.4438
Expected Target 1.4452Expected Target 1.4452
Events:Events:
Trade Balance Non-EU (Dec) release on 09:30 GMTby UKTrade Balance Non-EU (Dec) release on 09:30 GMTby UK
JOLTs Job Openings (Dec) release on 15:00 GMTby USJOLTs Job Openings (Dec) release on 15:00 GMTby US
AUDUSD INTRADAY : Probable Downside
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3. Preferred Trade:Preferred Trade:
Sell Below 0.7046Sell Below 0.7046
Expected Target 0.7001Expected Target 0.7001
Alternate Scenario:Alternate Scenario:
Buy Above 0.7091Buy Above 0.7091
Expected Target 0.7136Expected Target 0.7136
Events:Events:
Westpac Consumer Sentiment release on 23:30 GMTby AustraliaWestpac Consumer Sentiment release on 23:30 GMTby Australia
API Weekly Crude Oil Stock release on 21:35 GMTby USAPI Weekly Crude Oil Stock release on 21:35 GMTby US
USDJPY INTRADAY : Probable Downside
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4. Preferred Trade:Preferred Trade:
Sell Below 114.837Sell Below 114.837
Expected Target 113.818Expected Target 113.818
Alternate Scenario:Alternate Scenario:
Buy Above 115.855Buy Above 115.855
Expected Target 116.393Expected Target 116.393
Events:Events:
Wholesale Inventories (MoM) (Dec) release on 15:00 GMTby USWholesale Inventories (MoM) (Dec) release on 15:00 GMTby US
CGPI (YoY) (Jan) release on 23:50 GMTby JapanCGPI (YoY) (Jan) release on 23:50 GMTby Japan
XAUUSD INTRADAY : Probable Upside
Preferred Trade:Preferred Trade:
Buy Above 1192.79Buy Above 1192.79
Expected Target 1197.14Expected Target 1197.14
Alternate Scenario:Alternate Scenario:
Sell Below 1188.44Sell Below 1188.44
Expected Target 1184.09Expected Target 1184.09
Events:Events:
JOLTs Job Openings (Dec) release on 15:00 GMTby USJOLTs Job Openings (Dec) release on 15:00 GMTby US
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5. XTIUSD INTRADAY : Probable Downside
Preferred Trade:Preferred Trade:
Sell Below 31.51Sell Below 31.51
Expected Target 31.31Expected Target 31.31
Alternate Scenario:Alternate Scenario:
Buy Above 31.71Buy Above 31.71
Expected Target 31.91Expected Target 31.91
Events:Events:
JOLTs Job Openings (Dec) release on 15:00 GMTby USJOLTs Job Openings (Dec) release on 15:00 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
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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