Forex trading broker market trendline report 22-05-15-major-pairs bluemaxcapital

1. Forex Daily Forecast – 22 May 2015
Market Research, Uncategorized
Forex Daily Forecast – 22 May 2015
EURUSD INTRADAY : Probable Upside
Preferred Trade:Preferred Trade:
Buy Above 1.1132Buy Above 1.1132
Expected Target 1.1164Expected Target 1.1164
Alternate Scenario:Alternate Scenario:
Sell Below 1.1120Sell Below 1.1120
Expected Target 1.1088Expected Target 1.1088
Events:Events:
German Ifo Business Climate Index (May) release on 08:00 GMTby European UnionGerman Ifo Business Climate Index (May) release on 08:00 GMTby European Union
Core CPI (MoM) (Apr) release on 12:30 GMTby USCore CPI (MoM) (Apr) release on 12:30 GMTby US
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2. GBPUSD INTRADAY : Probable Upside
Preferred Trade:Preferred Trade:
Buy Above 1.5671Buy Above 1.5671
Expected Target 1.5686Expected Target 1.5686
Alternate Scenario:Alternate Scenario:
Sell Below 1.5665Sell Below 1.5665
Expected Target 1.5650Expected Target 1.5650
Events:Events:
BoE GovCarney Speaks on 11:00 GMTby UKBoE GovCarney Speaks on 11:00 GMTby UK
Core CPI (MoM) (Apr) release on 12:30 GMTby USCore CPI (MoM) (Apr) release on 12:30 GMTby US
AUDUSD INTRADAY : Probable Upside
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3. Preferred Trade:Preferred Trade:
Buy Above 0.7913Buy Above 0.7913
Expected Target 0.7936Expected Target 0.7936
Alternate Scenario:Alternate Scenario:
Sell Below 0.7903Sell Below 0.7903
Expected Target 0.7880Expected Target 0.7880
Events:Events:
Fed Chair Yellen Speaks on 17:00 GMTby USFed Chair Yellen Speaks on 17:00 GMTby US
USDJPY INTRADAY : Probable Downside
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4. Preferred Trade:Preferred Trade:
Sell Below 120.85Sell Below 120.85
Expected Target 120.61Expected Target 120.61
Alternate Scenario:Alternate Scenario:
Buy Above 120.94Buy Above 120.94
Expected Target 121.18Expected Target 121.18
Events:Events:
CPI (MoM) (Apr) release on 12:30 GMTby USCPI (MoM) (Apr) release on 12:30 GMTby US
BoJ Press Conference release on 06:30 GMTby JapanBoJ Press Conference release on 06:30 GMTby Japan
XAUUSD INTRADAY : Probable Upside
Preferred Trade:Preferred Trade:
Buy Above 1207.47Buy Above 1207.47
Expected Target 1209.49Expected Target 1209.49
Alternate Scenario:Alternate Scenario:
Sell Below 1206.71Sell Below 1206.71
Expected Target 1204.69Expected Target 1204.69
Events:Events:
CPI (YoY) (Apr) release on 12:30 GMTby USCPI (YoY) (Apr) release on 12:30 GMTby US
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5. XTIUSD INTRADAY : Probable Downside
Preferred Trade:Preferred Trade:
Sell Below 60.71Sell Below 60.71
Expected Target 60.55Expected Target 60.55
Alternate Scenario:Alternate Scenario:
Buy Above 60.78Buy Above 60.78
Expected Target 60.94Expected Target 60.94
Events:Events:
Fed Chair Yellen Speaks on 17:00 GMTby USFed Chair Yellen Speaks on 17:00 GMTby US
Disclaimer:
The Chart and Analysis 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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