EURUSD

We have left behind the first trading day of a week that is expected to be calm in terms of data, except for the messages to be given by the FOMC members and the speech of the Bank of England BoE Governor Bailey. We observe that the increases in the EURUSD and GBPUSD pairs have been limited and the Classic Dollar Index has created a calm pricing reaction around the 34-day average. Although theoretically, the desire to stay above the 34 and 100-day averages (104.16 - 104.93 region) for the index and the expectation of reaching the 107 level tested in October 2023 are on the table, we will follow the results of the economic indicators and the statements to be made by the central bank officials regarding whether this idea will be supported. The 1.0769 level can be followed in intraday upward movements. If this level is exceeded, the 1.0777, 1.0786 and 1.0794 resistances may become important. In case of possible pullbacks, 1.0760, 1.0752 and 1.0743 will be monitored as support levels. Support: 1.0752 – 1.0743 Resistance: 1.0777 – 1.0786