EURUSD

Despite the recent strong trend of the Dollar Index, the EUR/USD pair is being closely monitored as it awaits Manufacturing PMI data from Europe and the US, as well as US unemployment claims data. The movement of the Dollar Index at the 108.45 level could be decisive regarding the continuation of the trend. The pair has the potential to move along with the economic data set to be released this week. Developments in global markets and particularly the internal security issues in the US can also influence the overall market sentiment.

Technically, the EUR/USD pair is trying to find support between the 1.0330 and 1.0280 levels during the day. On upward movements, resistance levels can be observed at 1.0385, 1.044, and 1.048. The RSI indicator is at the 43 level, indicating a negative trend. This suggests that the pair may continue to remain under pressure. There is approximately a 0.07% decrease compared to the previous day. If the negative trend continues, a pullback towards the 1.0330 support may occur.