EUR/USD TECHNICAL OUTLOOK:28.11.2016
NIFTY FUT TREND : BUY ZONE
BANKNIFTY FUT TREND : BUY ZONE
EUR/USD. Pair after opening at 1.0623 Made a high of 1.0659 and saw the pair trading in the range of 1.0580-1.0640 and range is broken on the down side now its violated its previous day high and 1.0600will act as a strong support in the pair and pair is forming lower top and lower bottom formation on daily time frame but and will likely to find support at lower levels
Fundamental Overview
Euro is trading at 1.0658, appreciating against the US dollar in the Asian session and markets started booking the profits on the long dollar trades. Uncertainty in the political scenario of Europe remains as Italy moves closed to the referendum on the 4th. ECB chairman Draghi is scheduled to speak today and is expected to outline the impact of Brexit. Euro continues to remain a sell on rallies for the day.
Economic Data & News
TIME COUNTRY DATA ACTUAL SURV PREVIOUS
7:30:00 PM 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 1.0658, appreciating against the US dollar in the Asian session and markets started booking the profits on the long dollar trades. Uncertainty in the political scenario of Europe remains as Italy moves closed to the referendum on the 4th. ECB chairman Draghi is scheduled to speak today and is expected to outline the impact of Brexit. Euro continues to remain a sell on rallies for the day.
Economic Data & News
TIME COUNTRY DATA ACTUAL SURV PREVIOUS
7:30:00 PM EUR ECB President Draghi Speaks
