Sunday, 29 September 2019

EURUSD Rate Rebound Undermined by Bearish RSI Signal

EURUSD bounces back from a fresh 2019-low, but recent developments in the RSI offer a bearish signal as the oscillator snaps the upward trend from earlier this month.

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ECB Leaves Rates Unchanged, Rate Cut Looms, EUR/USD Steady Ahead of Press Conference

The European Central Bank left all three official rates unchanged as expected. Traders are now focusing on the press conference for any clue...