EUR/USD TECHNICAL OUTLOOK : 8.12.2016
NIFTY FUT TREND : BUY ZONE
BANKNIFTY FUT TREND : BUY ZONE
EUR/USD. Pair after opening at 1.0717 Made a high of 1.0770 and saw the pair trading side wise to positive after it testing levels of 1.05 few days back and could not sustain that levels and saw some strong buying in the pair this signifies bulls are aggressive at that levels and buying pressure at lower elves and yesterday created a inside bar type of pattern suggesting more sidewise to upside from the said levels so any dips is a buying opportunity in the pair
Fundamental Overview
Euro is trading at 1.0777, after making a low of 1.0725 in yesterday’s session. Markets remain in a wait and watch mode before the ECB meeting today. Any withdrawal of the existing stimulus would add to the positive momentum and will take the euro close to 1.09.
Economic Data & News
TIME COUNTRY DATA ACTUAL SURV PREVIOUS
6:15:00 PM EUR Deposit Facility Rate -0.40% -0.40%
6:15:00 PM EUR Interest Rate Decision (Dec) 0 0
7:00:00 PM EUR ECB Press Conference
6:15:00 PM EUR Deposit Facility Rate -0.40% -0.40%
NIFTY FUT TREND : BUY ZONE
BANKNIFTY FUT TREND : BUY ZONE
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EUR/USD. Pair after opening at 1.0717 Made a high of 1.0770 and saw the pair trading side wise to positive after it testing levels of 1.05 few days back and could not sustain that levels and saw some strong buying in the pair this signifies bulls are aggressive at that levels and buying pressure at lower elves and yesterday created a inside bar type of pattern suggesting more sidewise to upside from the said levels so any dips is a buying opportunity in the pair
Fundamental Overview
Euro is trading at 1.0777, after making a low of 1.0725 in yesterday’s session. Markets remain in a wait and watch mode before the ECB meeting today. Any withdrawal of the existing stimulus would add to the positive momentum and will take the euro close to 1.09.
Economic Data & News
TIME COUNTRY DATA ACTUAL SURV PREVIOUS
6:15:00 PM EUR Deposit Facility Rate -0.40% -0.40%
6:15:00 PM EUR Interest Rate Decision (Dec) 0 0
7:00:00 PM EUR ECB Press Conference
6:15:00 PM EUR Deposit Facility Rate -0.40% -0.40%