EUR/USD TECHNICAL OUTLOOK : 18.01.2017
NIFTY FUT TREND : BUY ZONE
BANKNIFTY FUT TREND : BUY ZONE
EUR/USD. Pair after opening at 1.0598 yesterday made a low of 1.0595 and traded with a positive bias after trading bias for few day the pair has violated the resistance of 1.0620 and not the resistance will act as a support and pair can head higher so intraday buy the dips.
Fundamental Overview
Euro is trading at 1.06 with limited movement in yesterday's session. Euro clocked a three-session low of 1.0579 before settling around 1.0600. Lack of any cues from the US market led to a stable session in the forex markets. Zews economic sentiment and the UK brexit news would be the key movers for the Euro today.
Economic Data & News
TIME COUNTRY DATA ACTUAL SURV PREVIOUS
12:30 EUR German CPI (MoM) (Dec) 0.70% 0.70%
15:30 EUR Core CPI (YoY) (Dec) 0.90% 0.80%
15:30 EUR CPI (YoY) (Dec) 1.10% 1.10%
15:30 EUR CPI (MoM) (Dec) 0.50% -0.10%
NIFTY FUT TREND : BUY ZONE
BANKNIFTY FUT TREND : BUY ZONE
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Fundamental Overview
Euro is trading at 1.06 with limited movement in yesterday's session. Euro clocked a three-session low of 1.0579 before settling around 1.0600. Lack of any cues from the US market led to a stable session in the forex markets. Zews economic sentiment and the UK brexit news would be the key movers for the Euro today.
Economic Data & News
TIME COUNTRY DATA ACTUAL SURV PREVIOUS
12:30 EUR German CPI (MoM) (Dec) 0.70% 0.70%
15:30 EUR Core CPI (YoY) (Dec) 0.90% 0.80%
15:30 EUR CPI (YoY) (Dec) 1.10% 1.10%
15:30 EUR CPI (MoM) (Dec) 0.50% -0.10%