EURUSD

This week, PMI data from the US, Consumer Confidence, GDP, and Personal Consumption Expenditures (PCE), along with speeches by Fed Chairman Powell, will also be decisive for the direction of the markets. The pair may be under pressure due to the strengthening of the Dollar as a safe haven amid geopolitical tensions. The pivot level of 1.15468 is critical for intraday direction. As long as it stays below this level, selling pressure may continue, with the supports of 1.15134 and 1.14204 being targeted in succession. In case of possible upward reactions, 1.16398 appears as the first resistance. In the coming days of the week, Powell's speeches and US data will determine the course of the pair.