EURUSD

For EURUSD, the fact that the Classic Dollar Index ended its short-term pressure on the second trading day of the week has ensured that the trend-oriented thinking structure of EURUSD and GBPUSD pairs remains at the forefront. Although the area of movement is limited on both the index and the pairs side, it is important to follow the trend-oriented course. While the 34 and 100-day averages (103.35 area) maintain their importance on the DXY side in terms of how eager they are in the said trend expectation, the important macro-economic developments that we will follow in the remaining days of the week should be followed carefully. When we evaluate the EURUSD pair in the short term, the pressure below 1.0930 continues despite the recent recovery. This attitude strengthens the possibility of a possible pullback to the 1.0695 bottom point. Permanent movements below 1.0790 may confirm this attitude. Otherwise, the thought of reaction buying may occupy the agenda. Even if such a reaction occurs, it should not be forgotten that the short-term expectation is negative below 1.0930. Support: 1.0790 – 1.0745 Resistance: 1.0870 – 1.0930