EUR/USD
Yesterday was very unfortunate for two heads of state - Boris Johnson and Donald Trump; the Supreme Court of Great Britain declared the sending of Parliament on forced leave as unlawful and today it will return to work, and the House of Representatives of the US Congress began the impeachment procedure of Donald Trump for "betrayal of his oath of office, betrayal of our national security and betrayal of the integrity of our elections." The reason was allegedly his demand for the President of Ukraine Volodymyr Zelensky to launch an anti-corruption investigation against John Biden's son Hunter, the head of the gas company in Ukraine Burisma Group.
At the same time, the Ifo index of business sentiment in Germany rose from 94.3 to 94.6 in September, while the US consumer confidence index from the Conference Board dropped from 134.2 to 125.1 in the same month. The euro has grown by 26 points.
We do not believe that Trump is facing real impeachment, he just once again makes it clear that there is nothing for that "upstart" in the second presidential term. Earlier (at the end of April), we wrote that the Democratic Party successfully promoted its people to leading posts in many countries, now they need to restore "order" in the country.
From a technical point of view, the situation returned to normal over the day. On the daily chart, the signal line of the Marlin Oscillator is moving down from the boundary with the growth territory.
On a four-hour chart, the price turned around, not reaching the resistance of the indicator lines, Marlin returned to the decline zone. The main scenario with a decrease in the euro remains, the target of 1.0926 is a low of September 12 and 3.
