EURUSD
The EURUSD pair continues to be influenced by global economic developments. Following the meetings of the European Central Bank (ECB) and the US Federal Reserve (Fed), a new pricing process has started in the markets. US President Trump's imposition of tariffs on Canada, Mexico, and China has caused a strong rise in the dollar index while putting pressure on the Euro and the Sterling. This week, important economic indicators such as the Bank of England's interest rate decision and US non-farm payroll data could also be decisive in the course of the pair.
From a technical perspective, the EURUSD pair is maintaining its downward trend, remaining below the resistance level of 1.027. In downward movements, the levels of 1.021, 1.0175, and 1.0135 can be monitored as support. According to the latest data on the chart, the pair shows a decline of 1.14%, displaying a negative outlook. The RSI indicator is at the 30 level and is in a position close to the oversold territory, indicating a potential for short-term recovery.
Support :
Resistance :