EUR/USD TECHNICAL OUTLOOK:21.11.2016
NIFTY FUT TREND : SELL ZONE
BANKNIFTY FUT TREND : SELL ZONE
EUR/USD. Pair after opening at 1.0625 Made a high of 1.0644 and saw the pair trading sidewise to negative in our session and violated the support of 1.0660 a day before he pair had strong fall from the levels of 1.10 and on a continues basis is having a strong fall from that levels 1.05 is a next support to be watch out for and trend likely to be side wise so utile rise to sell the pair.
Fundamental Overview
Euro is trading at 1.0600, remaining near the lower levels that were seen last week. Focus turned to the political situation in the euro zone with France going into elections this month and Italy holding a referendum to decide on parliamentary reforms. Expect sideways movement as no major data to be reported today and markets are not expecting any change in tone from Draghi as compared to the previous speech which was only a few days ago.
Economic Data & News
TIME COUNTRY DATA ACTUAL SURV PREVIOUS
21:30:00 EUR ECB President Draghi Speaks
NIFTY FUT TREND : SELL ZONE
BANKNIFTY FUT TREND : SELL ZONE
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EUR/USD. Pair after opening at 1.0625 Made a high of 1.0644 and saw the pair trading sidewise to negative in our session and violated the support of 1.0660 a day before he pair had strong fall from the levels of 1.10 and on a continues basis is having a strong fall from that levels 1.05 is a next support to be watch out for and trend likely to be side wise so utile rise to sell the pair.
Fundamental Overview
Euro is trading at 1.0600, remaining near the lower levels that were seen last week. Focus turned to the political situation in the euro zone with France going into elections this month and Italy holding a referendum to decide on parliamentary reforms. Expect sideways movement as no major data to be reported today and markets are not expecting any change in tone from Draghi as compared to the previous speech which was only a few days ago.
Economic Data & News
TIME COUNTRY DATA ACTUAL SURV PREVIOUS
21:30:00 EUR ECB President Draghi Speaks
