Forex Daily Forecast – 24 Apr 2015
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Forex Daily Forecast – 24 Apr 2015
EURUSD INTRADAY : Probable Downside
EURUSD
Preferred Trade:
Sell Below 1.0801
Expected Target 1.0774
Alternate Scenario:
Buy Above 1.0812
Expected Target 1.0841
Major Events:
German Ifo Business Climate Index (Apr) of EURO on 08:00 GMT
Core Durable Goods Orders (MoM) (Mar) of US release on 12:30 GMT
GBPUSD INTRADAY : Probable Downside
GBPUSD
Preferred Trade:
Sell Below 1.5041
Expected Target 1.5018
Alternate Scenario:
Buy Above 1.5050
Expected Target 1.5073
Major Events:
Core Durable Goods Orders (MoM) (Mar) of US release on 12:30 GMT
AUDUSD INTRADAY : Probable Upside
AUDUSD
Preferred Trade:
Buy Above 0.7783
Expected Target 0.7802
Alternate Scenario:
Sell Below 0.7775
Expected Target 0.7756
Major Events:
Core Durable Goods Orders (MoM) (Mar) of US release on 12:30 GMT
USDJPY INTRADAY : Probable Downside
USDJPY
Preferred Trade:
Sell Below 119.52
Expected Target 119.38
Alternate Scenario:
Buy Above 119.57
Expected Target 119.71
Major Events:
Core Durable Goods Orders (MoM) (Mar) of US release on 12:30 GMT
XAUUSD INTRADAY : Probable Downside
XAUUSD
Preferred Trade:
Sell Below 1192.1
Expected Target 1190.0
Alternate Scenario:
Buy Above 1192.9
Expected Target 1194.7
Major Events:
Core Durable Goods Orders (MoM) (Mar) of US release on 12:30 GMT
XTIUSD INTRADAY : Probable Downside
XTIUSD
Preferred Trade:
Sell Below 57.91
Expected Target 57.73
Alternate Scenario:
Buy Above 57.98
Expected Target 58.15
Major Events:
Core Durable Goods Orders (MoM) (Mar) of US release on 12:30 GMT