Forex Daily Forecast 26 Aug 2015

Market Research

Forex Daily Forecast 26 Aug 2015

EURUSD INTRADAY : Probable Downside

Preferred Trade:
Sell Below 1.1525
Expected Target 1.1489

Alternate Scenario:
Buy Above 1.1561
Expected Target 1.1597

Events:
France Jobseekers Total (Jul) release on 16:00 GMT by European Union
MBA 30-Year Mortgage Rate release on 11:00 GMT by US

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GBPUSD INTRADAY : Probable Upside

Preferred Trade:
Buy Above 1.5704
Expected Target 1.5730

Alternate Scenario:
Sell Below 1.5678
Expected Target 1.5652

Events:
BBA Mortgage Approvals release on 08:30 GMT by UK
Core Durable Goods Orders (MoM) (Jul) release on 12:30 GMT by US

AUDUSD INTRADAY : Probable Upside

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Preferred Trade:
Buy Above 0.7133
Expected Target 0.7170

Alternate Scenario:
Sell Below 0.7096
Expected Target 0.7059

Events:
Durable Goods Orders (MoM) (Jul) release on 12:30 GMT by US

USDJPY INTRADAY : Probable Upside

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Preferred Trade:
Buy Above 119.101
Expected Target 119.751

Alternate Scenario:
Sell Below 118.451
Expected Target 117.801

Events:
FOMC Member Dudley Speaks on 14:00 GMT by US
Foreign Bonds Buying release on 23:50 GMT by Japan

XAUUSD INTRADAY : Probable Downside

Preferred Trade:
Sell Below 1138.55
Expected Target 1130.72

Alternate Scenario:
Buy Above 1146.39
Expected Target 1154.22

Events:
Crude Oil Inventories release on 14:30 GMT by US

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XTIUSD INTRADAY : Probable Downside

Preferred Trade:
Sell Below 39.50
Expected Target 39.05

Alternate Scenario:
Buy Above 39.94
Expected Target 40.39

Events:
EIA Weekly Distillates Stocks on 14:30 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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