EUR/USD TECHNICAL OUTLOOK:15.11.2016
NIFTY FUT TREND : SELL ZONE
BANKNIFTY FUT TREND : SELL ZONE
EUR/USD. Pair after opening at 1.0886 Made a high of 1.10924 and traded with some volatile to negative bias ,the pair had strong fall from the levels of 1.13 and tested the levels of 1.0850 that was acting as a strong support and yesterday the pair violated the support now support will become resistance and rise shall be utilized to sell the pair
Fundamental Overview
Euro is trading at 1.0750, continuing with the decline that began after the US elections were declared. Uncertainty arising out of the Italian referendum due on the 4th of December is also adding to the downward pressure. Important data is due to reported from Germany and the EU today and will add to the volatility.
Economic Data & News
TIME COUNTRY DATA ACTUAL SURV PREVIOUS
12:30:00 EUR German GDP (QoQ) (Q3) 0.30% 0.40%
12:30:00 EUR German GDP (YoY) (Q3) 1.80% 3.10%
15:30:00 EUR German ZEW Current Conditions (Nov) 61.5 59.5
15:30:00 EUR German ZEW Economic Sentiment (Nov) 8.1 6.2
15:30:00 EUR GDP (YoY) (Q3) 1.60% 1.60%
15:30:00 EUR GDP (QoQ) (Q3) 0.30% 0.30%
15:30:00 EUR Trade Balance (Sep) 22.5B 18.4B
NIFTY FUT TREND : SELL ZONE
BANKNIFTY FUT TREND : SELL ZONE
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Fundamental Overview
Euro is trading at 1.0750, continuing with the decline that began after the US elections were declared. Uncertainty arising out of the Italian referendum due on the 4th of December is also adding to the downward pressure. Important data is due to reported from Germany and the EU today and will add to the volatility.
Economic Data & News
TIME COUNTRY DATA ACTUAL SURV PREVIOUS
12:30:00 EUR German GDP (QoQ) (Q3) 0.30% 0.40%
12:30:00 EUR German GDP (YoY) (Q3) 1.80% 3.10%
15:30:00 EUR German ZEW Current Conditions (Nov) 61.5 59.5
15:30:00 EUR German ZEW Economic Sentiment (Nov) 8.1 6.2
15:30:00 EUR GDP (YoY) (Q3) 1.60% 1.60%
15:30:00 EUR GDP (QoQ) (Q3) 0.30% 0.30%
15:30:00 EUR Trade Balance (Sep) 22.5B 18.4B