EURUSD

The EUR/USD pair continues to remain under pressure due to the optimistic pricing behavior seen in the Dollar Index. The preliminary Manufacturing and Services PMI data to be announced today may significantly impact the pair's direction. The Dollar Index's movement above the 233-day average creates a perception of a strong dollar, exerting negative pressure on the EUR/USD. Additionally, the potential rate cuts by the Fed and the BoE are closely monitored in the market. Global uncertainties and the election process in the US are also among the factors that could increase fluctuations in the pair.

From a technical perspective, the EUR/USD pair is trading below the 1.083 resistance level. In downward movements, support levels at 1.078, 1.0735, and 1.069 can be observed. The RSI indicator is at 49, displaying a neutral outlook. If the pair slips below the 1.078 level, the downward trend may accelerate. In upward movements, resistance levels at 1.083, 1.087, and 1.09 will be tracked. There is a 0.08% decline compared to the previous day, indicating that the pair maintains a weak outlook.