Free Urdu Daily Forex Market News 01/11/2016
EUR / USD
The EUR market declined -0.02% against the USD on Friday. EUR/USD market closed at 1. 0897. Today market will range 1.0962 – 1.0981.
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Today the EUR / USD started with -0.15% in Asia, down from yesterday close. The EUR / USD is trading now at 1.0963
Investors will look forward to the CHF – Retail Sales y/y and CHF – Manufacturing PMI economic data. As well as GBP – Manufacturing PMI and USD – Final Manufacturing PMI data.
Daily Camarilla Forex Technical analysis shows that the EUR/USD pair may find the immediate support at 1.0976 below which 1.0970 and 1.0965 could be tested. On the other side the immediate resistance 1.0987 and may go for further test 1.0992. A break beyond the last, doors will open for a test of 1.0998
Today Investors will look forward to the following economic data (GMT+3):
- CHF – Retail Sales y/y at 11.15 AM
- CHF – Manufacturing PMI at 11.15 PM
GBP / USD
GBP increased +0.21% against the USD and On Friday GBP / USD market closed at 1.2239.
Today the GBP / USD started with -0.05%up from yesterday close. The GBP / USD is trading now at 1.2233
Daily Camarilla Forex Technical analysis shows that GBP/USD pair may find the immediate support at 1.2234 below which 1.2224 and 1.2214 could be tested. On the other side the immediate resistance 1.2254. A break beyond the last, doors will open for a test of 1.2264 and from there to 1.2274.
Upcoming Economic Market News:
- GBP – Manufacturing PMI at 12.30 PM
USD/JPY
The JPY had no change against the USD during USA session and the pair was closed at 104.83 on Friday. Today Day’s Range 104.67 – 104.97
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Today the USD / JPY started with -0.03%, down from yesterday close. The USD / JPY is trading now at 104.79
Daily Camarilla Technical analysis shows USD/JPY pair may find the immediate support at 104.73 below which 104.64 and 104.55 could be tested. On the other side the immediate resistance 104.91. A break beyond the last, doors will open for a test of 105.00 and from there to 105.09.
Upcoming Economic Market News:
- USD – Final Manufacturing PMI at 04.45 PM
- USD – ISM Manufacturing PMI at 04.45 PM
