Sunday, January 1, 2017

EUR/USD TECHNICAL OUTLOOK : 2.1.2017

EUR/USD TECHNICAL OUTLOOK : 2.1.2017
NIFTY FUT  TREND             : SELL ZONE
BANKNIFTY FUT  TREND  : SELL ZONE



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EUR/USD. Pair after opening at 1.0492Made a high of 1.0652 and was sustain the physiological mark of 1.05 levels now 1.05 is the levels to watch as close below the levels can trigger for recent low of 1.0350 mark but likely to remain range bound for the day.

Fundamental Overview

EURO trading at 1.0524 after US dollar trading subdued in the last trading day of the year while Euro spiked and touched 1.06 in a thin volume trade and reversed ,Today expects a low volume high volatile trading as U.K and Germany markets would close early for New year Eve.

Economic Data & News

TIME COUNTRY DATA ACTUAL SURV PREVIOUS
14:30:00 EUR Manufacturing PMI (Dec) 54.9 54.9