EURUSD

The EUR/USD pair is focused on tomorrow's U.S. employment data following the release of significant data this week, such as PMI, CPI, ADP NFP, and JOLTS. Today, with U.S. stock markets closed due to the funeral of the 39th U.S. President Jimmy Carter, attention has turned to the speeches of some Fed officials. The dollar index is maintaining a strong position above its 34-day average, displaying a profile close to the 109.30 level tested on the first trading day of the year. This indicates that the dollar may remain strong in the short term.

Technically, the EUR/USD pair is moving within a downtrend starting from the 1.0440 level on the 4-hour chart. The pair continues to remain below the 233-period average, indicating the continuation of the negative trend. Currently, the support levels of 1.0280 and 1.0230 are important. In upward movements, resistance levels of 1.033 and 1.0375 can be monitored. The RSI indicator is at the 40 level, showing a negative trend. The pair has depreciated by 0.09% compared to the previous day. A possible permanence below the 1.0230 level could create additional pressure on the pair.