EUR/USD TECHNICAL OUTLOOK:26.10.2016
NIFTY FUT TREND : SELL ZONE
BANKNIFTY FUT TREND : SELL ZONE
EUR/USD. Pair after opening at 1.0873 Made a low of 1.0848 and traded with some neutral bias the pair had strong fall, after the ECB interest rate decision, and violated the supports of 1.0950 levels signifies weakness, but on hourly chart the making a double bottom and yesterday tested the bottom and now bounced with RSI oscillator remaining on oversold the pair can see some bounce
Fundamental Overview
Euro is trading at 1.0888, bouncing off the lows near the 1.0850 levels. Economic data was better than expected and helped the euro stabilize in the European session. Draghi has said that the current level of stimulus is working and failed to hint about additional stimulus.
Economic Data & News
TIME COUNTRY DATA ACTUAL SURV PREVIOUS
11:30:00 EUR GfK German Consumer Climate (Nov) 10 10
NIFTY FUT TREND : SELL ZONE
BANKNIFTY FUT TREND : SELL ZONE
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EUR/USD. Pair after opening at 1.0873 Made a low of 1.0848 and traded with some neutral bias the pair had strong fall, after the ECB interest rate decision, and violated the supports of 1.0950 levels signifies weakness, but on hourly chart the making a double bottom and yesterday tested the bottom and now bounced with RSI oscillator remaining on oversold the pair can see some bounce
Fundamental Overview
Euro is trading at 1.0888, bouncing off the lows near the 1.0850 levels. Economic data was better than expected and helped the euro stabilize in the European session. Draghi has said that the current level of stimulus is working and failed to hint about additional stimulus.
Economic Data & News
TIME COUNTRY DATA ACTUAL SURV PREVIOUS
11:30:00 EUR GfK German Consumer Climate (Nov) 10 10
