EUR/USD TECHNICAL OUTLOOK : 15.12.2016
NIFTY FUT TREND : SELL ZONE
BANKNIFTY FUT TREND : SELL ZONE
EUR/USD. Pair after opening at 1.0625 Made a high of 1.0670 and saw the pair trading with some side hovering near 1.0650 and trading in the range of 1.06-1.0650 mark after selling pressure few days back were it tested near levels of 1.05 and in morning violated the said levels will see some more action with bias towards lower side so rise shall be an opportunity to sell the pair.
Fundamental Overview
Euro is trading at 1.0510, falling from near the 1.07 levels that were seen before the FOMC statement. Euro made a low of 1.0467 in the Asian session as the FED dot plot surprised market participants. Now that the FED policy is off and with no major news till the year end, recovery if any would be shallow and every rise should be used to sell.
Economic Data & News
TIME COUNTRY DATA ACTUAL SURV PREVIOUS
17:30:00 EUR ECB LTRO
NIFTY FUT TREND : SELL ZONE
BANKNIFTY FUT TREND : SELL ZONE
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Fundamental Overview
Euro is trading at 1.0510, falling from near the 1.07 levels that were seen before the FOMC statement. Euro made a low of 1.0467 in the Asian session as the FED dot plot surprised market participants. Now that the FED policy is off and with no major news till the year end, recovery if any would be shallow and every rise should be used to sell.
Economic Data & News
TIME COUNTRY DATA ACTUAL SURV PREVIOUS
17:30:00 EUR ECB LTRO