EUR/USD TECHNICAL OUTLOOK : 16.09.2016
NIFTY Fut : BUY ZONE
BANKNIFTY FUT : BUY ZONE
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EUR/USD. Pair after opening at 1.1249Made a high of 1.1284 and was trading with side wise and psupply at higher levels, during the day after the supports of 1.1260 is now became resistance and the pair is having strong supply coming in above 1.3 mark and not able to close above the said levels so any rise in the pair is shorting opportunity with Macd indicator remaining on the neutral side
Fundamental Overview
Euro is trading at 1.1240, remaining in the 1.1200-1.1250 range with limited movement in yesterday’s session. Inflation data for the month of August was reported in line with expectations leaving the shared currency unchanged. Expect the Euro to trade in the range for the time leading into the FOMC meeting next week.
Economic Data & News
TIME COUNTRY DATA ACTUAL SURV PREVIOUS
14:30:00 EUR Wages in euro zone (YoY) (Q2) 1.80%
NIFTY Fut : BUY ZONE
BANKNIFTY FUT : BUY ZONE
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EUR/USD. Pair after opening at 1.1249Made a high of 1.1284 and was trading with side wise and psupply at higher levels, during the day after the supports of 1.1260 is now became resistance and the pair is having strong supply coming in above 1.3 mark and not able to close above the said levels so any rise in the pair is shorting opportunity with Macd indicator remaining on the neutral side
Fundamental Overview
Euro is trading at 1.1240, remaining in the 1.1200-1.1250 range with limited movement in yesterday’s session. Inflation data for the month of August was reported in line with expectations leaving the shared currency unchanged. Expect the Euro to trade in the range for the time leading into the FOMC meeting next week.
Economic Data & News
TIME COUNTRY DATA ACTUAL SURV PREVIOUS
14:30:00 EUR Wages in euro zone (YoY) (Q2) 1.80%
