EURUSD

The EURUSD pair is fluctuating with uncertainties about global trade policies and reactions from EU countries following the brisk start of Trump’s presidency in the US. Trump's announcements on artificial intelligence investments and tariff threats against China may lead to shifts in market directions. During this process, ECB President Lagarde's speech and economic insights at Davos could also affect the pair's trajectory.

Technically, the EURUSD pair is trading just below the 1.0430 resistance level. If this level is breached, the 1.048 and 1.0545 resistances can be monitored. On downward movements, the 1.038, 1.033, and 1.027 support levels should be followed. The RSI indicator is at 47, displaying a neutral outlook. The pair experienced a 0.12% decline compared to the previous day and is showing an indecisive trend in the short term.