EURUSD

The EURUSD pair continues to find direction through economic data and central bank decisions closely watched by global markets. The European Central Bank's interest rate decision and President Lagarde's speech could have a significant impact on the markets. While the ECB is expected to continue its interest rate cuts, market participants will closely monitor signals Lagarde may provide regarding future monetary policy strategies. Meanwhile, the US Q4 Growth data and the Fed's inflation indicator PCE are also on the markets' agenda. These developments could increase the volatility of the EURUSD pair via the Dollar Index.

Technically, on the daily chart, EURUSD is observed with support at the 1.038, 1.033, and 1.027 levels, while upward movements are tracked with resistance at the 1.043, 1.048, and 1.0545 levels. The pair is currently trading sideways at the 1.04206 level, with a change of 0.01% compared to the previous day. The RSI indicator presents a neutral outlook. The pair's movement near key resistance and support levels suggests it is at a decision point, and breaking these levels could be directional.