EURUSD

The EUR/USD pair is influenced by changes in the USA's trade policies under Donald Trump's second presidential term. Moves such as Trump's planned 25% tariff on Mexico and Canada create uncertainty in global trade, increasing volatility in global markets. Additionally, withdrawal from the Paris Climate Agreement is seen as part of policies prioritizing economic growth in the USA. Today, economic data from Europe and Canada could also impact the pair's trajectory.

Looking at the technical outlook, the EUR/USD pair is trading at the 1.03847 level. Holding above the 1.033 support level could support the continuation of an upward movement. The 1.043 resistance level emerges as the first significant barrier the pair might encounter. Further up, the 1.048 and 1.0545 resistance levels can be monitored. In downward movements, the 1.033, 1.027, and 1.0225 levels should be followed as support. The RSI indicator is at 40, presenting a slightly negative view. This indicates that a limited pressure on the pair might continue in the short term. It is observed that the pair experienced a 0.31% decline compared to the previous day.