USDINR TECHNICAL OUTLOOK : 27.12.2016
NIFTY FUT TREND : BUY ZONE
BANKNIFTY FUT TREND : BUY ZONE
USDINR, the pair after opening at 67.84 and made a low of 67.71 and saw some side wise to selling action in the pair after buying from the lower levels few days back the pair broke above the range of 67.75-67.95 and few days back and again back to range and is likely to trade with in the range for the day.
Fundamental Overview
US dollar index is trading at 103.15, remaining largely unchanged as the US markets shut yesterday on the eve of Christmas. the calendar remain light for the entire week. Expect range bound trading for the entire week with minimal changes.
Economic Data & News
TIME COUNTRY DATA ACTUAL SURV PREVIOUS
19:30:00 USD S&P/CS HPI Composite - 20 n.s.a. (YoY) (Oct) 5.00% 5.10%
20:30:00 USD CB Consumer Confidence (Dec) 108.5 107.1
19:30:00 USD S&P/CS HPI Composite - 20 n.s.a. (YoY) (Oct) 5.00% 5.10%
NIFTY FUT TREND : BUY ZONE
BANKNIFTY FUT TREND : BUY ZONE
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Fundamental Overview
US dollar index is trading at 103.15, remaining largely unchanged as the US markets shut yesterday on the eve of Christmas. the calendar remain light for the entire week. Expect range bound trading for the entire week with minimal changes.
Economic Data & News
TIME COUNTRY DATA ACTUAL SURV PREVIOUS
19:30:00 USD S&P/CS HPI Composite - 20 n.s.a. (YoY) (Oct) 5.00% 5.10%
20:30:00 USD CB Consumer Confidence (Dec) 108.5 107.1
19:30:00 USD S&P/CS HPI Composite - 20 n.s.a. (YoY) (Oct) 5.00% 5.10%