Forex Daily Forecast 15 July 2015

Market Research

Forex Daily Forecast 15 July 2015

EURUSD INTRADAY : Probable Downside

Preferred Trade:
Sell Below 1.1000
Expected Target 1.0984

Alternate Scenario:
Buy Above 1.1006
Expected Target 1.1022

Events:
French CPI (MoM) (Jun) release on 06:45 GMT by European Union
Core PPI (MoM) (Jun) release on 12:30 GMT by US

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GBPUSD INTRADAY : Probable Upside

Preferred Trade:
Buy Above 1.5644
Expected Target 1.5659

Alternate Scenario:
Sell Below 1.5638
Expected Target 1.5623

Events:
Average Earnings Index +Bonus (May) release on 08:30 GMT by UK
Industrial Production (MoM) (Jun) release on 13:15 GMT by US

AUDUSD INTRADAY : Probable Upside

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Preferred Trade:
Buy Above 0.7468
Expected Target 0.7501

Alternate Scenario:
Sell Below 0.7456
Expected Target 0.7423

Events:
Fed Chair Yellen Testifies release on 14:00 GMT by US

USDJPY INTRADAY : Probable Upside

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Preferred Trade:
Buy Above 123.400
Expected Target 123.541

Alternate Scenario:
Sell Below 123.347
Expected Target 123.106

Events:
PPI (MoM) (Jun) release on 12:30 GMT by US
BoJ Press Conference release on 06:30 GMT by Japan

XAUUSD INTRADAY : Probable Upside

Preferred Trade:
Buy Above 1155.97
Expected Target 1157.27

Alternate Scenario:
Sell Below 1155.47
Expected Target 1154.17

Events:
FOMC Member Williams Speaks on 19:00 GMT by US

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XTIUSD INTRADAY : Probable Upside

Preferred Trade:
Buy Above 53.25
Expected Target 53.96

Alternate Scenario:
Sell Below 53.68
Expected Target 52.97

Events:
FOMC Member Mester Speaks on 16:25 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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