EURUSD

The EUR/USD pair is closely monitored this week due to statements by senior officials from the US and European central banks. The strong start of the Dollar Index is a reflection of the US macroeconomic data and the increasing expectations regarding Fed policy. This is causing the dollar to gain strength against developed country currencies. Economic data to be released in the UK and the Eurozone, along with Fed officials' statements, could shape the pair's future movements.

Technically, the EUR/USD pair is trading at the 1.0642 level. In its downward movements, the levels of 1.0638, 1.0600, and 1.0560 can be observed as support. In upward movements, the resistance levels of 1.0675, 1.0705, and 1.0735 should be considered. The RSI indicator is at the 45 level and exhibits a slightly negative trend. The pair shows a 0.13% decrease compared to the previous day, indicating a weak outlook in the short term.