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EURUSDdaily page 0011

 

The EUR/USD pair is still in an uptrend, according to the daily and weekly chart. The RSI oscillator is above 50, and the price has already reached EMA 50 on the daily chart.
In last week’s ECB press conference, ECB President Mario Draghi has mentioned a potential date when we might see the first interest rate rise. For the moment, European Central Bank leaves interest rates on hold at least through the summer of 2019.

September 26
FOMC rate decision (+2.25% expectation); ( +2.00% previous)
September 27
ECB Economic Bulletin
Germany CPI MoM (+0.1% expectation); ( +0.1% previous)
YoY (+2.00% expectation); (+2.00 previous)
US GDP Q2 (+3.00% expectation); ( +3.00% previous)

 

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