Bluemaxcapital.com 07-05-15-aud-xau-xti-forex-market-news-update-strategy-trading-trendline

1. Forex Daily Forecast – 07 May 2015
Market Research
Forex Daily Forecast – 07 May 2015
EURUSD INTRADAY : Probable Downside
Preferred Trade:Preferred Trade:
Sell Below 1.1334Sell Below 1.1334
Expected Target 1.1319Expected Target 1.1319
Alternate Scenario:Alternate Scenario:
Buy Above 1.1340Buy Above 1.1340
Expected Target 1.1355Expected Target 1.1355
Major Events:Major Events:
Spanish 10-Year Obligacion Auction release on 08:50 GMTby European UnionSpanish 10-Year Obligacion Auction release on 08:50 GMTby European Union
Initial Jobless Claims release on 12:30 GMTby USInitial Jobless Claims release on 12:30 GMTby US
GBPUSD INTRADAY : Probable Downside
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2. Preferred Trade:Preferred Trade:
Sell Below 1.5235Sell Below 1.5235
Expected Target 1.5223Expected Target 1.5223
Alternate Scenario:Alternate Scenario:
Buy Above 1.5240Buy Above 1.5240
Expected Target 1.5252Expected Target 1.5252
Major Events:Major Events:
Initial Jobless Claims release on 12:30 GMTby USInitial Jobless Claims release on 12:30 GMTby US
AUDUSD INTRADAY : Probable Upside
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3. Preferred Trade:Preferred Trade:
Buy Above 0.7973Buy Above 0.7973
Expected Target 0.8024Expected Target 0.8024
Alternate Scenario:Alternate Scenario:
Sell Below 0.7954Sell Below 0.7954
Expected Target 0.7903Expected Target 0.7903
Major Events:Major Events:
Employment Change (Apr) release on 01:30 GMTby AustraliaEmployment Change (Apr) release on 01:30 GMTby Australia
Initial Jobless Claims release on 12:30 GMTby USInitial Jobless Claims release on 12:30 GMTby US
USDJPY INTRADAY : Probable Upside
Preferred Trade:Preferred Trade:
Buy Above 119.49Buy Above 119.49
Expected Target 119.66Expected Target 119.66
Alternate Scenario:Alternate Scenario:
Sell Below 119.42Sell Below 119.42
Expected Target 119.25Expected Target 119.25
Major Events:Major Events:
Initial Jobless Claims release on 12:30 GMTby USInitial Jobless Claims release on 12:30 GMTby US
Monetary Policy Meeting Minitues on 23:50 GMTby JapanMonetary Policy Meeting Minitues on 23:50 GMTby Japan
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4. XAUUSD INTRADAY : Probable Downside
Preferred Trade:Preferred Trade:
Sell Below 1189.00Sell Below 1189.00
Expected Target 1185.20Expected Target 1185.20
Alternate Scenario:Alternate Scenario:
Buy Above 1190.44Buy Above 1190.44
Expected Target 1194.24Expected Target 1194.24
Major Events:Major Events:
Initial Jobless Claims release on 12:30 GMTby USInitial Jobless Claims release on 12:30 GMTby US
XTIUSD INTRADAY : Probable Downside
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5. Share
Preferred Trade:Preferred Trade:
Sell Below 61.19Sell Below 61.19
Expected Target 60.93Expected Target 60.93
Alternate Scenario:Alternate Scenario:
Buy Above 61.28Buy Above 61.28
Expected Target 61.54Expected Target 61.54
Major Events:Major Events:
Initial Jobless Claims release on 12:30 GMTby USInitial Jobless Claims release on 12:30 GMTby US
Disclaimer:
The Chart and Analysis presented above is only for information purpose and not to be considered as 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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