EURUSD

The US CPI data, which will be announced today, being above expectations could lead to a gain in the US Dollar. Trump's pressures for interest rate cuts and statements from the White House directed at Fed Chairman Powell are creating additional volatility in the market. Israel's renewed attacks on Gaza have reduced global risk appetite, slightly increasing demand for the Dollar. Technically, in the EURUSD pair, levels of 1.17646, 1.17403, and 1.17160 stand out as main resistances, while the pivot level is marked at 1.16674 with an orange box. Levels of 1.16381, 1.16188, and 1.15945 are important support areas to be monitored below. In the current context, if US data comes in strong, the pair may experience downward pressure in pricing.