EURUSD

This week, PMI data from the US, along with important figures such as Consumer Confidence, GDP, and Personal Consumption Expenditures (PCE), as well as speeches by Fed Chair Powell, will be decisive for the market direction. 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 intra-day direction. As long as it remains below this level, selling pressure may continue, targeting supports at 1.15134 and 1.14204 respectively. In potential 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.