Forex Daily Forecast 26 Jan 2016

Market Research

Forex Daily Forecast 26 Jan 2016

EURUSD INTRADAY : Probable Downside

Preferred Trade:
Sell Below 1.0848
Expected Target 1.0837

Alternate Scenario:
Buy Above 1.0859
Expected Target 1.0870

Events:
Spanish 3-Month Letras Auction release on 09:45 GMT by European Union
House Price Index (YoY) (Nov) release on 14:00 GMT by US

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GBPUSD INTRADAY : Probable Downside

Preferred Trade:
Sell Below 1.4225
Expected Target 1.4194

Alternate Scenario:
Buy Above 1.4255
Expected Target 1.4286

Events:
BoE Gov Carney Speaks on 10:45 GMT by UK
House Price Index (MoM) (Nov) release on 14:00 GMT by US

AUDUSD INTRADAY : Probable Downside

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Preferred Trade:
Sell Below 0.6946
Expected Target 0.6925

Alternate Scenario:
Buy Above 0.6967
Expected Target 0.6988

Events:
MI Leading Index (MoM) release on 23:30 GMT by Australia
CB Consumer Confidence (Jan) release on 15:00 GMT by US

USDJPY INTRADAY : Probable Downside

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Preferred Trade:
Sell Below 118.145
Expected Target 117.933

Alternate Scenario:
Buy Above 118.356
Expected Target 118.568

Events:
Richmond Manufacturing Index (Jan) release on 15:00 GMT by US

XAUUSD INTRADAY : Probable Upside

Preferred Trade:
Buy Above 1111.06
Expected Target 1115.19

Alternate Scenario:
Sell Below 1106.93
Expected Target 1102.80

Events:
API Weekly Cushing Crude Oil Stock release on 21:35 GMT by US

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XTIUSD INTRADAY : Probable Downside

Preferred Trade:
Sell Below 30.16
Expected Target 29.90

Alternate Scenario:
Buy Above 30.41
Expected Target 30.67

Events:
API Weekly Cushing Crude Oil Stock release on 21:35 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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