EURUSD

The EUR/USD pair is under the influence of significant developments this week, such as the inauguration of US President Donald Trump, the expected interest rate decisions from the Bank of Japan, and the PMI data from Europe. Trump's inauguration continues to create pressure on the pair due to uncertainties regarding US trade and economic policies. On the European side, the ZEW index from Germany and employment data from the UK will be closely monitored. The closure of US markets today for Martin Luther King Jr. Day could lead to a temporary decline in trading volumes.

Technically, the EUR/USD pair is testing the 1.033 resistance level on the 4-hour chart. If it fails to stay above this level, the 1.027 and 1.0225 support levels may become significant. In upward movements, the 1.038 and 1.044 resistance levels should be monitored. The RSI indicator is at the 47 level, showing a neutral outlook. The pair's 0.31% decline compared to the previous day indicates that selling pressure continues.