EURUSD

The EUR/USD pair is showing an upward trend following the inflation data released in the United States. The core inflation's first decline in six months had a positive impact on the markets. A decrease in the dollar index was observed, and European currencies reacted positively to this situation. However, other economic data from the U.S. and uncertainties regarding the Trump administration may continue to play a significant role in the course of the EUR/USD pair.

From a technical perspective, the EUR/USD pair is trading below the 1.033 resistance level, and as long as it does not maintain a position above this level, it may remain under pressure. The short-term support levels are set at 1.027 and 1.0225. If these support levels are breached, further decline in the pair may be seen. The RSI indicator is at the 40 level, indicating that the pair is under selling pressure. A slight decrease was observed in the pair compared to the previous day. The 1.033 and 1.038 resistance levels will be significant in upward movements.