EURUSD

The fluctuating but calm course of the Classic Dollar Index has also kept the EURUSD parity calm. It is important to follow the course in line with the trend. While the 34 and 100-day averages (103.45 region) maintain their importance on the DXY side, the important macro-economic developments that we will follow in the remaining days of the week should be followed carefully. Today, US and UK Growth, US Unemployment Claims, and tomorrow, the US PCE Deflator data are the most important agenda items of the week, and both the index and the parities may follow a more active process with the relevant developments. When we evaluate the EURUSD parity in the short term, the pressure below 1.0930 continues. This attitude strengthens the possibility of a possible pullback to the bottom point of 1.0695. Permanent movements below 1.0790 may confirm this attitude. Otherwise, the idea of reaction buying may occupy the agenda, and the recent increases are the most vivid examples of this situation. 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