EURUSD

The EUR/USD pair is exhibiting a volatile trend influenced by economic developments from the U.S. Trump's plans to gradually implement tariffs and the U.S. PPI data falling short of expectations are causing partial reactions in the dollar index. This may lead the EUR/USD pair to seek reactions within the trend. U.S. CPI data and speeches by regional Fed presidents are among the factors that could be decisive for the direction of the pair. The impact of economic data from Europe and the U.S. can play a significant role in the short-term movements of the pair.

Technically, the EUR/USD pair continues to remain under pressure below the 1.0330 resistance level. In the short term, support levels of 1.027 and 1.0225 are being monitored. If the pair breaks below the 1.027 level, it may increase downward pressure. Upward movements should watch the resistance levels at 1.033 and 1.038. The RSI indicator offers a neutral outlook on the hourly chart. The pair is showing a decline of 0.07% compared to the previous day, indicating that the current trend could continue.