EURUSD

We have started a new week. When we evaluate the week in general, the most followed developments of the week can be explained as the PMI data, which is the leading indicator of growth, as well as the speech of FOMC members (Bostic, Barr, Waller, Jefferson, Mester, Barkin, Williams), US Treasury Secretary, ECB President Lagarde and BoE President Bailey, and the minutes of the FOMC meeting on May 1. When we focus on today, the speech of FOMC members Bostic, Barr, Waller, Jefferson and Mester should be closely followed in terms of the course of the index and parities. The daily gain for the parity, which closed at 1.0881 on the previous trading day, was 0.10%. The RSI indicator for the parity, which is above its 20-day moving average, is at 65.00, while its momentum is at 101.45. The 1.0876 level can be followed in intraday downward movements. In case of falling below this level, the supports at 1.0869, 1.0857 and 1.0850 may become important. In possible increases, 1.0888, 1.0895 and 1.0907 will be monitored as resistance levels. Support: 1.0869 – 1.0857 Resistance: 1.0888 – 1.0895