DXY
The FOMC members will be on the agenda for the new week. The messages from the members will be our main focus. Apart from the BoE and FOMC, the UK Growth and Industrial Production, Germany and the Eurozone Services PMI and the US Unemployment Claims data can also be explained as developments to be followed. The Classic Dollar Index seems eager to stay above the 34 and 100-day averages (104.16 - 104.93 region) despite the recent declines as it starts a new week. This attitude keeps the expectation of reaching the 107 level tested in October 2023 on the table. As a whole, the news flows that may affect the markets throughout the week should be closely monitored to see if they can keep the index positive / parity negative thought in the foreground. The 105.100 level can be followed in intraday downward movements. If this level is dropped, the 104.840 support may become important. In possible increases, 105,380 and 105,650 will be monitored as resistance levels. Support: 105,100-104,840 Resistance: 105,380-105,650