EURUSD

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EURUSD

We left the first trading day of the week behind with the statements of Fed officials. The statements that there is no evidence of an increase in interest rates (Daly), that inflation has not cooled down fast enough to lower interest rates (Jefferson) and that it has caused disappointment (Barr) can be explained as the summary statements of the officials. The traffic of conversations continues today. The statements of critical names such as US Treasury Secretary Yellen, ECB President Lagarde, BoE President Bailey, as well as officials such as Waller, Barkin, Williams and Bostic on the Fed side should be followed carefully. The daily loss for the parity, which closed at 1.0858 on the previous trading day, was 0.01%. The RSI indicator for the parity, which is above its 20-day moving average, is at 61.68, while its momentum is at 100.89. The 1.0857 level can be followed for intraday downward movements. If this level is broken, supports at 1.0851, 1.0845 and 1.0839 may become important. In possible increases, resistance levels will be monitored at 1.0864, 1.0870 and 1.0876. Support: 1.0851 – 1.0845 Resistance: 1.0870 – 1.0876