EUR/USD TECHNICAL OUTLOOK : 02.02.2017
NIFTY FUT TREND : BUY ZONE
BANKNIFTY FUT TREND : BUY ZONE
EUR/USD. Pair after opening at 1.0794 last trading day and and made low of 1.0729 and traded with positive bias after trading testing the supports of 1.0729 the pair is struggling to get pass 1.08 if sustain and close above then likely to test 1.0840 in near term so as trend is your friend so utilize intraday dips to buy the pair.
Fundamental Overview
Euro is trading at 1.0783, weighed down from over 1.0800 into the US session, to a low of 1.0738 at mid morning, largely the result of better U.S. jobs and ISM data. The pairing settled on either side of 1.0750 through the FOMC announcement, where a lack of guidance from the Fed on when the next rate hike might be, dented dollar sentiment overall. .ECB chair Draghi is scheduled to speak but is unlikely to have any major impact.
Economic Data & News
TIME COUNTRY DATA ACTUAL SURV PREVIOUS
14:30 EUR ECB Economic Bulletin Tentative EUR EU Economic Forecasts
17:45 EUR ECB President Draghi Speaks
NIFTY FUT TREND : BUY ZONE
BANKNIFTY FUT TREND : BUY ZONE
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Fundamental Overview
Euro is trading at 1.0783, weighed down from over 1.0800 into the US session, to a low of 1.0738 at mid morning, largely the result of better U.S. jobs and ISM data. The pairing settled on either side of 1.0750 through the FOMC announcement, where a lack of guidance from the Fed on when the next rate hike might be, dented dollar sentiment overall. .ECB chair Draghi is scheduled to speak but is unlikely to have any major impact.
Economic Data & News
TIME COUNTRY DATA ACTUAL SURV PREVIOUS
14:30 EUR ECB Economic Bulletin Tentative EUR EU Economic Forecasts
17:45 EUR ECB President Draghi Speaks