FX.co ★ EUR/USD

Hello traders, The EUR/USD pair, after a surge that brought it close to the resistance level at 1.1778 (Murrey +1/8), has completed its ascent and returned to the level of 1.1718 (Murrey 8/8), once again highlighting the potential of this area. Today can be called Trump's day. Against the backdrop of a lack of important data releases, all eyes of the global players will be focused on his speech. Will it be enough to influence the markets? Let's see. The trip of the US President to the World Economic Forum in Davos started with a problem that in the Middle Ages court astrologers would have considered a warning sign. We are talking about the electrical issues on board Air Force One, which was forced to return to the US shortly after takeoff, making Trump go through a layover like an ordinary mortal. It is unknown how Trump himself perceived this sign, but analysts are already analyzing this event in their reviews, trying to draw parallels with the expected shift in the president's stance to a more conciliatory one.