EUR/USD TECHNICAL OUTLOOK : 22.09.2016
NIFTY Fut : BUY ZONE
BANKNIFTY FUT : BUY ZONE
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EUR/USD. Pair after opening at 1.1153Made a high of 1.1120 and was trading with side wise bias to
positive after facing resistance above 1.12 mark the pair is violated the supports of 1.12 and seen some selling pressure after violating the supports but 1.1100 is acting as a strong support so it would be range for near term between 1.1100-1.1240 with buying coming at lower levels
Fundamental Overview
Euro is trading at 1.1188, after trying to break the 1.12 mark in the aftermath of the US FED policy
announcement. The reaction in the shared currency was a reflection of the US dollar weakness and there was no other news from the Euro area. Euro is expected to remain in the range of 1.1250-1.1150.
Economic Data & News
TIME COUNTRY DATA ACTUAL SURV PREVIOUS
13:30:00 EUR ECB Economic Bulletin
18:30:00 EUR ECB President Draghi Speaks
NIFTY Fut : BUY ZONE
BANKNIFTY FUT : BUY ZONE
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positive after facing resistance above 1.12 mark the pair is violated the supports of 1.12 and seen some selling pressure after violating the supports but 1.1100 is acting as a strong support so it would be range for near term between 1.1100-1.1240 with buying coming at lower levels
Fundamental Overview
Euro is trading at 1.1188, after trying to break the 1.12 mark in the aftermath of the US FED policy
announcement. The reaction in the shared currency was a reflection of the US dollar weakness and there was no other news from the Euro area. Euro is expected to remain in the range of 1.1250-1.1150.
Economic Data & News
TIME COUNTRY DATA ACTUAL SURV PREVIOUS
13:30:00 EUR ECB Economic Bulletin
18:30:00 EUR ECB President Draghi Speaks
