EURUSD

The EUR/USD pair started the week with significant movement following the tariffs implemented by Trump on Canada, Mexico, and China. This situation led to the strengthening of the US dollar globally, causing fluctuations in the markets. However, news of the suspension of tariffs on Mexico and Canada provided partial relief in the markets. Among the important data of the week, the BoE central bank meeting and the US non-farm payroll data stand out. Today's points of interest include the Jolts data from the US and speeches by Fed officials.

From a technical perspective, although the EUR/USD pair showed a recovery from the 1.021 level, the resistance levels at 1.038 and 1.043 remain valid. Even though the pair tested the 1.033 resistance, retracements may continue towards the support levels at 1.027 and 1.021. The RSI indicator is currently at the 40 level, indicating a negative trend. The pair showed a decline of 0.54% compared to the previous day. The 1.0175 level can be monitored as an important support point, and stronger selling pressures may be observed if this level is broken.