EUR/USD TECHNICAL OUTLOOK : 29.11.2016
NIFTY FUT TREND : BUY ZONE
BANKNIFTY FUT TREND : BUY ZONE
EUR/USD. Pair after opening at 1.0592 Made a high of 1.0689 and saw the pair trading in the range of 1.0580-1.0690 and now1.0700 will act as a strong resistance in the pair and pair is forming lower top and lower bottom formation on daily time frame but and will likely to find support at lower levels of 1.05 but intraday utilize sell on rise.
Fundamental Overview
Euro is trading at 1.0596, giving up all the gains that were seen yesterday. There was no data from the EU as well but the early morning gains to 1.0685 could be considered as profit booking after the weekend. Political news about the French election added to the positive move and markets now would focus on the Italian referendum on Sunday.
Economic Data & News
TIME COUNTRY DATA ACTUAL SURV PREVIOUS
6:30:00 PM EUR German CPI (MoM) (Nov) 0.10% 0.20%
NIFTY FUT TREND : BUY ZONE
BANKNIFTY FUT TREND : BUY ZONE
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Fundamental Overview
Euro is trading at 1.0596, giving up all the gains that were seen yesterday. There was no data from the EU as well but the early morning gains to 1.0685 could be considered as profit booking after the weekend. Political news about the French election added to the positive move and markets now would focus on the Italian referendum on Sunday.
Economic Data & News
TIME COUNTRY DATA ACTUAL SURV PREVIOUS
6:30:00 PM EUR German CPI (MoM) (Nov) 0.10% 0.20%