EURUSD

The optimism of the US CPI data, which remained below expectations, strengthened the Fed's interest rate cut idea at the September meeting and the scenario of at least 2 increases in total by the end of the year. The decline in the Dollar Index and US Bond Interest Rates drew attention. The trend change in the index strengthened the EURUSD and GBPUSD increases even more, and thus the short-term discrepancy ended. In light of the recent movements, the weak Dollar and strong Euro and Sterling may continue to remain on our agenda. The daily gain for the parity, which closed at 1.0871 on the previous trading day, was 0.01%. The RSI indicator for the parity, which is above its 20-day moving average, is at 62.76, while its momentum is at 101.78. The 1.0863 level can be followed in intraday downward movements. In case of falling below this level, the supports at 1.0855 and 1.0848 may become important. In possible increases, 1.0878, 1.0885 and 1.0893 will be monitored as resistance levels. Support: 1.0863 - 1.0855 Resistance: 1.0878 - 1.0885