EUR/USD TECHNICAL OUTLOOK : 30.01.2017
NIFTY FUT TREND : SELL ZONE
BANKNIFTY FUT TREND : SELL ZONE
EUR/USD. Pair after opening at 1.0679 last trading day and made a low of 1.0657 and had a side wise to negative during the session the pair has been taking supports near 1.0650 and reversed and likely to test the intermediate highs of 1.0775 as dollar index has corrected from the high which can drive EURO higher.
Fundamental Overview
Euro is trading at 1.0735, appreciating against the US dollar after the softer data from the US. The Euro will remain in focus with a lot of economic data to be published this week. Divergent monetary policy would be the key driver and a strong rise in euro can be used to sell the pair. German CPI would be the key data for the day.
Economic Data & News
TIME COUNTRY DATA ACTUAL SURV PREVIOUS
18:30 EUR German CPI (MoM) (Jan) -0.60% 0.70%
4:30 EUR ECB's Nowotny Speaks
NIFTY FUT TREND : SELL ZONE
BANKNIFTY FUT TREND : SELL ZONE
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Fundamental Overview
Euro is trading at 1.0735, appreciating against the US dollar after the softer data from the US. The Euro will remain in focus with a lot of economic data to be published this week. Divergent monetary policy would be the key driver and a strong rise in euro can be used to sell the pair. German CPI would be the key data for the day.
Economic Data & News
TIME COUNTRY DATA ACTUAL SURV PREVIOUS
18:30 EUR German CPI (MoM) (Jan) -0.60% 0.70%
4:30 EUR ECB's Nowotny Speaks