EURUSD

In global markets, the manufacturing and services PMI data from Europe and the US are attracting investors' attention. While the manufacturing sector in the Eurozone continues to signal contraction, the services sector is showing limited growth. On the US side, PMI data indicate a contraction in manufacturing and a growth trend in the services sector. Additionally, the increase in geopolitical risks and the dollar index approaching its highest levels in a year continue to exert pressure on the EURUSD pair.

On the daily chart, the EURUSD pair is moving closer to the 1.045 support level. In downward movements, the levels of 1.0405 and 1.036 can be monitored as support, while upward reactions should watch the resistance levels of 1.049, 1.0525, and 1.056. The RSI indicator is at 48, presenting a neutral appearance. The pair has declined by 0.08% compared to the previous day. A fall below the 1.045 level could increase the negative trend of the price movement.