Forex Daily Forecast 31 Aug 2015

Market Research

Forex Daily Forecast 31 Aug 2015

EURUSD INTRADAY : Probable Upside

Preferred Trade:
Buy Above 1.1224
Expected Target 1.1279

Alternate Scenario:
Sell Below 1.1169
Expected Target 1.1114

Events:
Core CPI (YoY) (Aug) release on 09:00 GMT by European Union
Chicago PMI (Aug) release on 13:45 GMT by US

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GBPUSD INTRADAY : Probable Upside

Preferred Trade:
Buy Above 1.5422
Expected Target 1.5444

Alternate Scenario:
Sell Below 1.5401
Expected Target 1.5379

Events:
3-Month Bill Auction release on 15:30 GMT by US

AUDUSD INTRADAY : Probable Downside

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Preferred Trade:
Sell Below 0.7139
Expected Target 0.7115

Alternate Scenario:
Buy Above 0.7162
Expected Target 0.7186

Events:
AIG Manufacturing Index release on 23:30 GMT by Australia
6-Month Bill Auction release on 15:30 GMT by US

USDJPY INTRADAY : Probable Downside

Preferred Trade:
Sell Below 121.168
Expected Target 120.702

Alternate Scenario:
Buy Above 121.634
Expected Target 122.100

Events:
Dallas Fed Mfg Business Index (Aug) release on 14:30 GMT by US
Capital Spending (YoY) (Q2) release on 23:50 GMT by Japan

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XAUUSD INTRADAY : Probable Downside

Preferred Trade:
Sell Below 1131.40
Expected Target 1127.90

Alternate Scenario:
Buy Above 1134.90
Expected Target 1138.4

Events:
Chicago PMI (Aug) release on 13:45 GMT by US

XTIUSD INTRADAY : Probable Downside

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Preferred Trade:
Sell Below 44.96
Expected Target 44.38

Alternate Scenario:
Buy Above 45.55
Expected Target 46.13

Events:
6-Month Bill Auction 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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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,
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