EUR/USD TECHNICAL OUTLOOK : 06.10.2016
NIFTY Fut : BUY ZONE
BANKNIFTY FUT : BUY ZONE
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EUR/USD. Pair after opening at 1.1205 Made a high of 1.1233and was consolidating in a narrow range throughout the day , the pair is expected to do the same in today session as indicators and price are suck in the brooder range of 1.1150-1.1260 for shorter period of time
Fundamental Overview
Euro is trading at 1.1203, with limited movement in the currency yesterday. Better than expected retail sales and services PMI data from the EU helped the Euro sustain above the 1.12 marks but positive US data drove the pair lower. There is no data to be reported today but the deutsche bank scare still remains in play as no clear news about the settlement has been made public. Expect another day of range bound trading for the Euro.
Economic Data & News
TIME COUNTRY DATA ACTUAL SURV PREVIOUS
11:30:00 EUR German Factory Orders (MoM) (Aug) 0.20% 0.20%
17:00:00 EUR
ECB Publishes Account of Monetary
Policy Meeting
NIFTY Fut : BUY ZONE
BANKNIFTY FUT : BUY ZONE
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Fundamental Overview
Euro is trading at 1.1203, with limited movement in the currency yesterday. Better than expected retail sales and services PMI data from the EU helped the Euro sustain above the 1.12 marks but positive US data drove the pair lower. There is no data to be reported today but the deutsche bank scare still remains in play as no clear news about the settlement has been made public. Expect another day of range bound trading for the Euro.
Economic Data & News
TIME COUNTRY DATA ACTUAL SURV PREVIOUS
11:30:00 EUR German Factory Orders (MoM) (Aug) 0.20% 0.20%
17:00:00 EUR
ECB Publishes Account of Monetary
Policy Meeting